Bitcoin Lifted by Bets on Clearer US Crypto Rules After Election – BNN Bloomberg
(Bloomberg) — Bitcoin is pulling ahead of stocks and gold this month, buoyed by growing indications that the US regulatory outlook for the cryptocurrency sector will improve after the upcoming presidential election.
The digital asset rose less than 1% to trade at $66,200 as of 7:12 a.m. Tuesday in Singapore, near a two-week high. The token is up 4% in October, beating an index of global shares as well as the yellow metal over the month so far.
Democratic nominee Kamala Harris on Monday pledged to support a regulatory framework for crypto, a stance outlined amid an outreach to Black men with three weeks to go to election day. The vice president’s rival, Republican Donald Trump, has embraced the digital-asset industry in the duel for…
