Bitcoin Surges as Cryptocurrency Investors Speculate on Donald Trump Winning US Presidential Race

Investors are increasing their wagers on bitcoin as expectations rise that Donald Trump might reassume the presidency shortly, potentially leading to more favorable cryptocurrency regulations.

The value of bitcoin has experienced a notable increase over the recent week, cresting at $US69,474, which translates to a gain exceeding 60% for the year. This advance has brought the preeminent cryptocurrency tantalizingly close to itsall-time peak of $US73,797 reached in March.
Though the price moderated to $US67,314 by Wednesday, speculation is building that it may ascend to $US80,000 in the following month.

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