According to cryptocurrency analysts, Bitcoin could reach new record highs if either Donald Trump or Kamala Harris win the upcoming election. However, bettors appear to be favoring Kamala coin, a cryptocurrency based on the US Vice Presidential candidate, over Bitcoin.

The current Bitcoin price stands at $58,162.00, while Ethereum is trading at $2,356.61, Binance Coin at $546.71, Solana at $135.87, and USDC at $1.001. XRP is priced at $0.570965, and Staked Ether (STETH) is at $135.87.

Analysts suggest that a Trump or Harris victory could lead to increased adoption and investment in Bitcoin, potentially driving the cryptocurrency to new heights. Nonetheless, the betting markets seem to be more focused on Kamala coin, a digital asset tied to the Vice Presidential candidate.

The rise of alternative cryptocurrencies, such as Kamala coin, highlights the growing interest and speculation in the crypto market, particularly around political and election-related events. Investors and traders will be closely watching the developments in the coming weeks and months.

As the election approaches, the impact on the cryptocurrency market remains a topic of intense interest and speculation. Analysts and bettors will continue to monitor the situation closely, seeking to capitalize on any potential price movements in Bitcoin, Kamala coin, and other digital assets.

Source: https://decrypt.co/249073/bitcoin-hit-new-high-price-trump-or-harris-wins-bettors-favor-kamala

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