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Bitcoin Gathers Pace Due to Rising Trump Prediction Odds

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2 hours ago

Donald Trump's improved prediction market odds have positively impacted Bitcoin's price, which has surpassed $68,000. Popular analyst Miles Deutscher shared his views on altcoins that could see significant growth during the bull rally.

Impact of Rising Trump Odds on Crypto Market

The current surge in Bitcoin's price is attributed to the increased likelihood of Donald Trump winning the elections, as reflected in prediction market data. This allowed the cryptocurrency to rebound despite concerns related to last week's US consumer price index data.

Altcoin Analysis by Miles Deutscher

Analyst Miles Deutscher highlighted 13 altcoins that he believes have the potential for significant growth in the current bull market. He identified four categories where these altcoins have the most growth potential: Gaming, AI, DePIN, and RWA.

Aside from memecoins, here are the 4 altcoin categories that I think have the most upside potential in this bull run.Miles Deutscher

Altcoin Market Prospects

Miles Deutscher divided promising altcoins into the following groups: In the Gaming sector — SUPER, BEAM, PRIME. In AI — TAO, NEAR, CARV. Decentralized infrastructure (DePIN) includes AR, RNDR, WMT, ATH, while real-world assets (RWA) are CPOOL, OM, ONDO.

Miles Deutscher's analysis highlights the potential for various altcoins in the current bull market, which may interest participants in the cryptocurrency community.

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