As the U.S. presidential election draws near, scheduled for November 5, the cryptocurrency market is experiencing heightened volatility. Bitcoin has been regaining momentum amidst this political turmoil.
An intriguing development features a notable whale who withdrew $5 million in USDC. This move is speculated to be a wager on Kamala Harris achieving electoral success.
Interestingly, despite this bet, Donald Trump appears to be favored in prediction markets, which could influence Bitcoin's trajectory further.
With the cryptocurrency market being affected by such speculations, there's optimism about Bitcoin reaching a new all-time high. Investors and analysts are closely watching these developments.
