Bitcoin has seen a significant increase in the last few hours, now trading at approximately $71,220, up 4.56%. The recent optimism surrounding the cryptocurrency is reflected in market movements, driven in part by the proximity of the US elections and expectations of economic changes. In addition, large institutional investors have recently injected more than $2 billion into crypto products, highlighting the growing interest in the sector  .
These factors are positioning Bitcoin for possible continued growth, while analysts predict a long-term bullish movement if economic policies favor the crypto market after the elections.