At the start of Asian trading on Wednesday, bitcoin hit 73,000 dollars, approaching an absolute record in the run-up to the American presidential election.

Bitcoin At the end of American trade, the largest value in circulation was trading at $72,396 at around 07:30 a.m., after climbing to $73,563.63 at the end of American trade, not far from the historic high recorded at the beginning of March (73,797.98 dollars). According to Russ Mould, an analyst at AJ Bell, “the price of bitcoin closely follows Trump's position in the polls” because for investors, a Republican victory would lead to an increase in demand for the digital currency. The rise of Bitcoin is also due to the idea that the Republican candidate is in favor of the development of cryptocurrencies and a limited regulatory framework. In the event of Donald Trump's victory, operators anticipate a fiscal slippage that would force the United States to borrow even more money to boost inflation and strengthen American bond rates, which favors safe haven assets such as bitcoin or gold