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Crypto Traders Bullish After Biden Drops Out of US Presidential Race

As traders assessed the ramifications of US President Joe Biden’s decision to drop his reelection campaign, bitcoin rose to its highest point in over a month. As markets responded to the prospect of a contest between pro-crypto Donald Trump and Kamala Harris, the largest digital asset recovered from initial losses to trade at roughly $68,300 as of 8:42 a.m. in Singapore on Monday.

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