Bitcoin has experienced wild price swings since Vice President Kamala Harris announced her candidacy for the U.S. Presidential election in July 2024.

The largest cryptocurrency attempted to test its previous all-time high of $73,738 on Oct. 29, 2024, with no success. Traders expect higher volatility closer to elections and in the aftermath of the event. Crypto prediction markets like Polymarket and Kalshi provide insight into crypto traders’ views. 

Polymarket sees about $3.21 billion in tradi

Bloomberg) -- Bitcoin held onto its biggest gain in a week as traders around the world awaited results of a US presidential election that pits digital-asset supporter Donald Trump against Kamala Harris, who served as vice president during a government crackdown on the industry.

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The original cryptocurrency was little changed under $70,000 at 6:30 pm in New York, less than 6% below its March record set during the euphoria that followed January’s launch of US spot-Bitcoin

Up-to-the-minute coverage on the presidential and congressional races and how they stand to shape crypto legislation and regulation.

CRYPTO LOOKING FOR A LIFT
Crypto is hoping for an post-election lift, because it’s been an ugly year for most major crypto assets so far. The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins and exchange tokens — is up 12% on the year, that’s mostly thanks to bitcoin (BTC), which has gained 59%. Bitcoin is weigh