Bitcoin reached an all-time high of $73,750.07 on March 14, 2024. The lowest intraday price it traded in the past year was $26,011.47 on Sep. 25, 2023. Bitcoin is up 144% year over year. The original cryptocurrency debuted in January 2009. It’s now a major asset with a market cap of $1.26 trillion.

U.S. presidential election looms, the potential impact of the result on Bitcoin price has become a hot topic among crypto enthusiasts.

The impressive performance of Gold in the recent past could trigger a similar parabolic response in Bitcoin in the fourth quarter of 2024.