Bitcoin bets surge: Traders eye $80,000 high by November despite US election uncertainty

Bitcoin bets surge: Options traders have gained optimism, betting on the world’s largest cryptocurrency, Bitcoin, reaching a record high of $80,000 in November 2024 regardless of who wins the 2024 United States elections, as per a Bloomberg report.

Earlier on October 21, Bitcoin edged near the $70,000 mark when US voter polls suggested that Republican nominee and former President Donald Trump was neck-to-neck with rival Democratic nominee and Vice President Kamala Harris.