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Crypto Traders Bullish After Biden Drops Out of US Presidential Race

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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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