BCGAME - Free 5BTC Daily Bonus!- Bitcoin hits $71.000 during US elections
- Shiba Inu and Dogecoin recovery indicate bullishness
- US Politics and Demographics Impact Crypto
Bitcoin has surged to the $71.000 mark after a period of stagnation marked by political and economic uncertainty. This surge occurred alongside the start of vote counting in the United States presidential election, with Donald Trump’s temporary lead reflecting an immediate market response. At press time, BTC’s price today was trading at $70.967,13, up 5% in the last 24 hours.
The state of Florida, traditionally an electoral battleground, did not bring any surprises in terms of the result, but it reinforced how demographic and economic changes are reshaping the Electoral College. During Obama’s presidency, Democrats saw the increase in the Latino population as a future advantage, but reality has proven otherwise. Trump’s victory in Florida resonates with a clear division of views among voters, as evidenced in the coverage I did alongside executive editor Flávia Barbosa.
Associated Press projections indicate that Trump secured victory in traditionally Republican states such as Tennessee, Alabama, Oklahoma, Mississippi, South Carolina and Missouri, while Kamala Harris won Democratic states and areas including Massachusetts, Maryland, Connecticut, Rhode Island and the District of Columbia.
At this crucial moment, all eyes are on swing states where polls have already closed, such as Georgia and North Carolina, as well as Pennsylvania and Michigan, which have also closed voting. These states are considered crucial in determining the next president of the United States.
In Michigan, where voting has already concluded, the influence of Arab-American votes is particularly notable. The community, strengthened by the immigration of Palestinians, Syrians, Iraqis and Yemenis over the past two decades, has proven to be a crucial constituency. In Dearborn, the popular mayor, Abdullah Hammoud, who is of Lebanese origin, expressed discontent with the White House’s continued support for Israel, marking a different stance from Kamala Harris, despite her celebrations of Trump’s defeat in the previous election.
