On November 9, 2024, Bitcoin reached a new all-time high, exceeding $76,700 on the largest cryptocurrency exchange, Binance. The price hit $76,700, marking an 8.64% increase in just one day. In recent days, the market has shown high volatility, with the Bitcoin price fluctuating between $67,000 and $76,700.

Analysts attribute this sharp rise to investor expectations of Donald Trump potentially winning the U.S. presidential election. Investors believe his victory could lead to more favorable cryptocurrency regulations in the United States, boosting demand for digital assets.

Currently, Bitcoin’s market capitalization stands at around $1.5 trillion, with a 24-hour trading volume exceeding $58 billion. Experts highlight that Bitcoin’s price continues to be shaped in real-time by market supply and demand, reflecting the ongoing high activity and interest from participants.