
{"id":16447,"date":"2024-10-29T19:07:00","date_gmt":"2024-10-29T19:07:00","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=16447"},"modified":"2024-10-29T19:07:00","modified_gmt":"2024-10-29T19:07:00","slug":"bitcoin-price-nears-ath-with-crypto-bull-president-set-to-be-elected-crypto-all-stars-ico-hits-2-8m","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=16447","title":{"rendered":"Bitcoin Price Nears ATH With Crypto Bull President Set to be Elected, Crypto All-Stars ICO Hits $2.8M"},"content":{"rendered":"<p>Bitcoin is closing in on its March all-time high as the crypto market gets fired up about next week\u2019s election.<\/p>\n<p>Traders are piling into BTC as Donald Trump, considered the more pro-crypto of the two candidates, looks to be leading in the polls.<\/p>\n<p>Meanwhile, new meme coin Crypto All-Stars is gaining traction at just the right time \u2013 with its ICO raising over $2.8 million.<\/p>\n<h2>Bitcoin Eyes New All-Time High as Bulls Take Control<\/h2>\n<p>Bitcoin\u2019s (BTC) march higher continues, with the OG crypto<a href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\" target=\"_blank\" rel=\"noopener\"> now trading at $71,100<\/a> after shaking off last week\u2019s dip.<\/p>\n<p>The coin has bounced back strongly, up over 8% from Friday\u2019s low and touching its highest level since early June.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/10\/Picture1-34.png\"><\/a><\/p>\n<p>BTC\u2019s momentum is hard to ignore.<\/p>\n<p>It\u2019s now eyeing its fourth straight day in the green, and the coin\u2019s technicals look primed for more upside.<\/p>\n<p>On the 4-hour chart, BTC broke out of a bull flag pattern, suggesting there could be more room to run.<\/p>\n<p>The coin\u2019s proximity to March\u2019s peak is what\u2019s really getting traders excited.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/10\/Picture2-34.png\"><\/a><\/p>\n<p>At the current price, Bitcoin is just 3% shy of its all-time high of $73,750.<\/p>\n<p>The derivatives market is also telling an interesting story, with open interest hitting unprecedented levels<a href=\"https:\/\/coinalyze.net\/bitcoin\/open-interest\/\" target=\"_blank\" rel=\"noopener\"> above $23 billion<\/a>.<\/p>\n<p>This surge in trading activity points to heavy institutional involvement, which could add extra fuel to Bitcoin\u2019s rally.<\/p>\n<h2>Trump\u2019s Pro-Crypto Vision Prompts Market Rally Ahead of Election<\/h2>\n<p>Bitcoin\u2019s surge comes as investors turn their attention to next week\u2019s presidential showdown between Trump and Harris.<\/p>\n<p>And there\u2019s a clear favorite in the crypto market.<\/p>\n<p>Trump has been<a href=\"https:\/\/www.cbsnews.com\/news\/trump-cryptocurrency-campaign-nashville\/\" target=\"_blank\" rel=\"noopener\"> making headlines<\/a> with bold promises to transform America into what he calls \u201cthe crypto capital of the planet\u201d and a \u201cBitcoin superpower,\u201d prompting excitement from investors.<\/p>\n<p>Popular influencers are taking note, too.<\/p>\n<p><a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$BTC<\/a> sitting at ATH while the most crypto-infra bullish president hasn\u2019t been elected yet.<\/p>\n<p>Are you connecting the dots?!<\/p>\n<p>\u2014 The Crypto Monk (@thecryptomonk) <a href=\"https:\/\/twitter.com\/thecryptomonk\/status\/1851201391412302080?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 29, 2024<\/a><\/p>\n<p>The Crypto Monk, who has a Twitter following of 163,000+, recently<a href=\"https:\/\/x.com\/thecryptomonk\/status\/1851201391412302080\" target=\"_blank\" rel=\"noopener\"> tweeted<\/a> about BTC being near all-time highs before Trump has even been elected.<\/p>\n<p>This tweet suggests he thinks the market might just be getting warmed up.<\/p>\n<p>Ultimately, while Harris has made some positive noises about encouraging \u201cinnovative technologies,\u201d her ties to the current administration\u2019s stricter approach have most investors betting on Trump.<\/p>\n<p>With<a href=\"https:\/\/polymarket.com\/event\/presidential-election-winner-2024\" target=\"_blank\" rel=\"noopener\"> Polymarket\u2019s polls<\/a> suggesting he\u2019s in the lead, markets appear to be pricing in the possibility of a crypto-friendly president.<\/p>\n<h2>Crypto All-Stars ICO Raises $2.8M on Election Hype as High-Yield Staking Platform Draws Praise<\/h2>\n<p>The crypto rally is also benefiting newer projects \u2013 and<a href=\"https:\/\/cryptopotato.care\/b_cryptoas-en_111561?referrer=bitcoin-price-nears-ath-with-crypto-bull-president-set-to-be-elected-crypto-all-stars-ico-hits-2-8m\" target=\"_blank\" rel=\"noopener\"> Crypto All-Stars (STARS)<\/a> is one of them.<\/p>\n<p>Crypto All-Stars\u2019 ICO just crossed the $2.8 million mark as investors eye potential regulatory shifts if Trump becomes president.<\/p>\n<p>The project\u2019s MemeVault platform could capitalize on his pro-crypto stance.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/10\/Picture3-32.png\"><\/a><\/p>\n<p>His promises could open the floodgates for staking platforms like this, where users can put their meme coins to work earning STARS tokens on multiple chains.<\/p>\n<p>This setup is already gaining traction, with<a href=\"https:\/\/cryptoallstars.io\/en\/dashboard\" target=\"_blank\" rel=\"noopener\"> over 1.3 billion tokens<\/a> staked.<\/p>\n<p>Security hasn\u2019t been overlooked either, with audits from<a href=\"https:\/\/cryptoallstars.io\/assets\/documents\/audit.pdf\" target=\"_blank\" rel=\"noopener\"> SolidProof<\/a> and<a href=\"https:\/\/coinsult.net\/projects\/cryptoallstars\/\" target=\"_blank\" rel=\"noopener\"> Coinsult<\/a> giving STARS\u2019 smart contracts a clean bill of health.<\/p>\n<p>And with 17,000+ followers<a href=\"https:\/\/x.com\/all_stars_coin\" target=\"_blank\" rel=\"noopener\"> on Twitter<\/a>, the project is beginning to get attention on social media.<\/p>\n\n<div class=\"embed\"><\/div>\n<p>ClayBro, a popular crypto YouTuber, recently discussed STARS<a href=\"https:\/\/youtu.be\/5cw-jUF83-o?si=KDaQ5w6OntPZxdXs\" target=\"_blank\" rel=\"noopener\"> in a video<\/a>.<\/p>\n<p>He praised its MemeVault platform and speculated the token could be \u201cset to soar\u201d in the next meme coin rally.<\/p>\n<p>With Bitcoin rallying and Trump looking set to win back the presidency, Crypto All-Stars could be in the right place at the right time.<\/p>\n<p><a href=\"https:\/\/cryptopotato.care\/b_cryptoas-en_111561?referrer=bitcoin-price-nears-ath-with-crypto-bull-president-set-to-be-elected-crypto-all-stars-ico-hits-2-8m\" target=\"_blank\" rel=\"noopener\">Visit Crypto All-Stars Presale<\/a><\/p>\n<p><strong>Disclaimer<\/strong><em>: The above article is sponsored content; it\u2019s written by a third party. CryptoPotato doesn\u2019t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.<\/em><\/p>\n<p><em>Readers are also advised to read CryptoPotato\u2019s\u00a0<a href=\"https:\/\/cryptopotato.com\/disclaimer\">full disclaimer<\/a>.<\/em><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-nears-ath-with-crypto-bull-president-set-to-be-elected-crypto-all-stars-ico-hits-2-8m\/\">Bitcoin Price Nears ATH With Crypto Bull President Set to be Elected, Crypto All-Stars ICO Hits $2.8M<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin is closing in on its March all-time high as the crypto market gets fired up about next week\u2019s election. Traders are piling into BTC as Donald Trump, considered the more pro-crypto of the two candidates, looks to be leading in the polls. Meanwhile, new meme coin Crypto All-Stars is gaining traction at just the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":16448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-16447","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/16447"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16447"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/16447\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/16448"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}