Bitcoin price crosses $70,TG账号秒盗破解版000

October 29, 2025  12:17

The price of Bitcoin has surpassed $70,000 for the first time in recent months amid investors' positive financial report from MicroStrategy and expectations of the upcoming presidential election in the United States. in exchange for Bitcoin (data from CoinDesk).

Shares of cryptocurrency-related companies are little changed amid the rise in the price of Bitcoin. Coinbase shares rose 5%, while MicroStrategy shares rose 9% on Monday.Bitcoin last rose above $70,000 in June of this year and hit a record high of $73,797 in March.

Investors' optimism is growing against the background of upcoming US presidential elections, which will take place next week. There is a possibility that Bitcoin will experience a sharp increase that could happen on Election Day, November 5th or November 7th, when the Federal Reserve announces its interest rate decision.

Republican presidential candidate Donald Trump has gone to great lengths to present himself as a candidate who supports cryptocurrencies, while Democratic candidate Kamala Harris has been more reserved about digital assets, leaving the industry divided over what impact crypto could have. on companies if Harris becomes president.

Elsewhere, investors await financial reports from Coinbase and MicroStrategy, which are due to be released on Wednesday.At the close on Monday, MicroStrategy shares were at their highest level since March 15, 2000.