Bitcoin's price soared 1.1% during the first presidential debate on CNN on June 27 as Trump widened his lead over Biden in betting markets. 😮 Bitcoin was trading at $61,439 before the debate and quickly jumped to $62,152.

Data from predictive markets platform PredictIt showed Trump's chances of winning the presidency have increased, while Biden's chances have fallen.

Speculators have lowered Biden's chances of winning after the presidential debate. This is a developing story and more information will be added as it becomes available.