Bitcoin Renews High for the First Time in 7 Months... Surpasses 74K

The US presidential election fever has pushed to a new all-time high of 1,020.3 million won at 12:10 pm on the 6th.
The relentless upward trend has led to multiple attempts to break new record highs.

has set a new all-time high, overcoming the momentum of the US presidential election on the 6th.

Previously, 's previous all-time high was $73,700 recorded in March this year. A new record has been set in about 7 months.

has been continuously setting new all-time highs on the 6th, recording around $74,733 based on CoinMarketCap and 102.03 million won on Upbit as of 12:10 pm.

The main reason for the new all-time high is the enthusiasm for formed by the US presidential election.

As former President Trump proclaimed himself a 'pro-cryptocurrency candidate' and made numerous pledges to support , has also begun to be treated as a 'US election-related stock', and the news that former President Trump is showing a dominant trend in the election.

suffered from extreme volatility from the afternoon of the 5th to the morning of the 6th, but from 11 am on the 6th, the sharp rise continued, recording about a 6% increase.

Reporter Kwon Seung-won ksw@blockstreet.co.kr