{"id":139813,"date":"2024-10-16T13:00:59","date_gmt":"2024-10-16T10:00:59","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=139813"},"modified":"2024-10-16T01:26:59","modified_gmt":"2024-10-15T22:26:59","slug":"will-bitcoin-surpass-its-all-time-high-before-the-u-s-elections","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/will-bitcoin-surpass-its-all-time-high-before-the-u-s-elections\/","title":{"rendered":"Will Bitcoin Surpass Its All-Time High Before the U.S. Elections?"},"content":{"rendered":"

He pointed<\/a> <\/strong>to Vice President Kamala Harris\u2019s support for the crypto space as a potential catalyst for market movement.<\/p>\n

In a recent memo, Hougan noted that while Bitcoin<\/a> <\/strong>was previously thought to need to wait until after the elections to hit around $80,000, a recent surge to $67,000 made him reconsider that timeline. He highlighted that this rally reflects a growing eagerness among investors to capitalize on potential crypto gains. According to Hougan, significant capital remains uninvested, and any sign of clarity in the market could lead to rapid price increases.<\/p>\n

Harris\u2019s recent declaration of support, while not the expected endorsement, was sufficient to boost Bitcoin\u2019s value by 5% and attract over $500 million into Bitcoin ETFs. This indicates a recognition of the crypto sector\u2019s relevance.<\/p>\n