The positive trend in cryptocurrencies continues. Bitcoin increased by nearly 2 percent to above $68,000 and saw its highest level in 2.5 months. Ethereum also exceeded $2,600.
The rise continues in cryptocurrency markets. Bitcoin increased by nearly 2 percent today to $68,270. This figure was recorded as its highest level since August. The weekly rise in Bitcoin approached 9 percent. Ethereum also traded above $2,600. The rise in the market was driven by expectations that the economy in the US could make a soft landing and the strengthening of predictions that Trump would win the presidential race. The countdown has begun for the presidential race in the US. Estimates that pro-crypto Republican candidate Donald Trump is ahead of his Democratic opponent Kamala Harris in the elections on November 5 have strengthened. THE PROJECT SUPPORTED BY TRUMP FAILED On the other hand, the new crypto project supported by the Trump family, World Liberty Financial, has been launched. Presidential candidate Donald Trump said in his post regarding the token sale, “Crypto is the key to the future. Let’s embrace this incredible technology and be pioneers in the digital economy.” The platform’s first sales of its new WLFI tokens fell far short of the targeted figure. Only 3.4 percent of the targeted $300 million token sale was reached.