Bitcoin prices have increased significantly, reaching close to $73,600 this week, with expectations of reaching even higher records during U.S. election week. The rise in Bitcoin prices is attributed to strong exchange-traded fund (ETF) inflows, as reported by QCP Capital. The report also notes that Bitcoin’s volatility is expected to increase along with the upcoming U.S.
election, as there are mixed messages surrounding the event. This highlights the potential impact of the election on Bitcoin’s performance in the market.
