Trump's election winning probability soars to 90% Bitcoin breaks through $75,000 to reach a new high

Recently, data from a certain betting market shows that the odds of Trump winning the election have surged to 90%. At the same time, the price of Bitcoin has also reached a historic high, briefly breaking through the $75,000 mark, with a daily rise of over 8%. This phenomenon reflects that the market's expectations for Trump's possible election are transforming into a positive investment attitude towards Bitcoin, with Trump-related trends continuing to strengthen, indicating that Bitcoin may be entering a rapid rising cycle.

The significant increase in the probability of Trump winning is seen by the market as an important signal in the digital currency sector. It is expected that for some time to come, until Trump possibly takes office in the White House, the cryptocurrency market will continue to digest this favorable factor. A series of policies supporting digital currency that Trump promised during his campaign, such as considering including Bitcoin in the national reserves and replacing the current chairman of the Securities and Exchange Commission, are all considered extremely favorable signals for the market. Given that Trump is known for his "word is bond" reputation, the industry generally expects these policies to be gradually implemented after he takes office.

These anticipated policies, combined with the high probability of Trump winning, provide a solid foundation for the rise in Bitcoin and other digital currency prices. Market participants generally believe that Trump's victory may be more beneficial for the digital currency industry compared to other candidates. Therefore, as the probability of Trump's election increases, the market performance of Bitcoin and other digital currencies is worth looking forward to. Investors should closely monitor the direction of relevant policies and their potential impact on the market to seize investment opportunities in a timely manner.