#marketdownturn $BTC

Breaking News | Bitcoin Breaks All Time High to $75,011

Bitcoin managed to break through its all-time high or highest point of $75,011 today, Wednesday (06/11). Previously, the highest peak of this coin was last printed for $73,750 on March 14, 2024.

Thus, Bitcoin has managed to record growth of almost 112% since the beginning of the year from a price of $35,419. In just one week, Bitcoin has managed to rise more than 16%.

This news was driven by the sentiment of the US Presidential Election, where Trump is currently ahead in 19 states with 198 electoral votes. This also contributed to the price of Bitcoin because Trump was known as a pro-Bitcoin figure during his campaign.

He even actively interacts with crypto market players by attending many events and will make Bitcoin a reserve currency of the United States, if elected as US President.