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Why Is Bitcoin Price Rising Before 2024 Elections? | CoinGape

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Bitcoin price has risen more than 3.8% in the last 24 hours , hitting a three-month high at $ 67.8K.

Bitcoin has become the tenth biggest asset in the world with a $1.34 Trillion market cap per CoinmarketCap data.

In 2024 , the 2024 elections are just three weeks away, and the BTC price has also surged during these election times.

There are four main reasons why the Bitcoin price is rising before the 2024 Elections.

Bitcoin price grew to a month high, with the S&P 500 index opening at a new high, which is also a sign of a bullish market trend.

There is a heavy buzz around Uptober , the most profitable month in the last thirteen yearsBitcoin reports.

The Coingalss report revealed a +6.83 in monthly growth, causing increased hype around this token.