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International Business Times

National

Carla St. Louis

Election Sparks Crypto Optimism, Bitcoin Set To Break A Record

Bitcoin Crypto Donald Trump Coinbase

A visual representation of the digital Cryptocurrency, Bitcoin is seen on January 09, 2024 in London, England. (Credit: Dan Kitwood/Getty Images)

Cryptocurrency prices rose ahead of the presidential election in the United States, with analysts predicting bitcoin could reach a record high hitting $100,000 by the end of the year.

Industry leaders already theorized that Donald Trump's victory of winning a second presidential term could push Bitcoin to $100,000 and drive altcoins higher.

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One subscription that gives you access to news from hundreds of sites

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