“Bitcoin has risen to $60,000,” – such news on Tuesday morning has alarmed cryptocurrency markets. The 2.75% increase contrasts with the drop in Ethereum, the second-largest cryptocurrency, to $2,700, which represents a decrease of 0.64%.

According to Bernstein analysts, the political situation in the United States plays a key role in the dynamics of cryptocurrency prices. “A Trump victory signals growth, while a Harris victory signals a decline,” they stated in their report, noting that Harris’ support on the Polymarket platform, where she has a 52% chance of winning, is causing concern among investors.

“Bitcoin is stuck in a range and can’t return to its June peaks of $70,000,” the analysts explain. Meanwhile, Donald Trump, with a 45% probability of winning, is attracting more bets on Polymarket – over $73 million, compared to $63 million for Harris.

Interestingly, $50.5 million in bets are placed on Michelle Obama, who is not running in the election but still ranks third with a 1% chance of winning.

Cryptocurrency markets continue to monitor the situation, waiting for Bitcoin to once again reach its record high of $73,700, despite recent concerns about a global recession.