Bitcoin ($BTC) has seen a 1.5% increase on the day of the US elections, marking a moment of positive sentiment for investors. Despite this uptick, Bitcoin remains distant from its all-time high, which it was recently rejected from. For Bitcoin enthusiasts, the path to regaining that peak appears to be challenging.
Speculation suggests that a Donald Trump victory in the election could facilitate a smoother trajectory for Bitcoin bulls, possibly easing the path for a price rally. Conversely, if Kamala Harris emerges victorious, the outlook for Bitcoin may involve more unpredictability and market turbulence.
Traders and investors are keenly observing the election results, understanding that the outcome could significantly influence Bitcoin's market behavior in the immediate future.
