By tnsh20@gmail.com 
Bitcoin Shattered Records:
For the majority of the year, Bitcoin prices were confined to a narrow range below the $70,000 mark. However, recent political developments, particularly those surrounding the election, have sparked renewed interest in the cryptocurrency, leading to a significant price increase.
In a stunning move, Bitcoin shattered records, reaching $75,000, fueled by Trump’s potential comeback. The cryptocurrency, Bitcoin, soared to a record high of $75,000 on Wednesday, as reported by Coin Metrics. However, it subsequently retreated to $74,392 in early trading, still representing a 7% increase.
At 10:14 AM, Bitcoin’s price stood at $74,628.18, up 7.56% from the previous day, surpassing its previous record high of $73,797.68 set on March 14.For the majority of the year, Bitcoin prices were confined to a narrow range below the $70,000 mark. However, recent political developments, particularly those surrounding the election, have sparked renewed interest in the cryptocurrency, leading to a significant price increase.
Riding Bitcoin’s coattails, crypto-linked stocks exploded, with Coinbase and MicroStrategy leading the charge, up 3% and 4%, respectively.
Bitcoin’s latest rally highlights its increasing role as an alternative asset, especially during periods of economic and political uncertainty. As election results continue to emerge, market participants will be closely watching Bitcoin to gauge its ability to sustain these record levels or whether it will experience further volatility as the political landscape becomes more defined.