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Political upheaval ignites the market as Bitcoin breaks through 75000 USDT to reach a new high.
Recently, the odds of a well-known political figure in the betting market have surged to 90%. At the same time, the price of Bitcoin has also achieved a historic breakthrough, surpassing the 75000 USDT mark in a short period, with a daily rise of over 8%. This phenomenon indicates that the market's expectation of the potential election of this political figure is being translated into positive investment sentiment for Bitcoin, with related trends continuing to strengthen, suggesting that Bitcoin may enter a rapid pump channel.
Observers have noted that the surge in this politician's election probability has been seen as the "starting gun" for the cryptocurrency market. It is expected that the digital currency market will continue to digest this good news in the future, until the time he may take office in the White House. The series of pro-cryptocurrency policies promised during his campaign, including incorporating Bitcoin into the national reserves and replacing the current SEC chairman, are all seen as significant positives for the market. Given that he is known for his "campaign promises must be fulfilled," industry insiders have reason to expect these policies to be gradually implemented after he takes office.
The expected implementation of these policies, combined with the high probability of this political figure being elected, provides strong support for the price rise of Bitcoin and other cryptocurrencies. Market participants generally believe that the victory of this candidate is more beneficial to the cryptocurrency industry compared to its main competitors. Therefore, as the probability of their election rises, the market performance of Bitcoin and other cryptocurrencies is worth looking forward to, and investors should closely monitor the relevant policy developments and their potential impact on the market.