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<ul class="news-points wp-block-list">
 <li>Bitcoin rallied to above $66,400 on Monday, outperforming stocks and gold.</li>
 <li>VP Kamala Harris pledged to support clearer crypto regulations, boosting market sentiment.</li>
 <li>Delayed repayments from Mt. Gox eased concerns of a market flood, further stabilizing Bitcoin’s price.</li>
</ul>
Bitcoin is experiencing a significant surge this October, reaching a two-week high of $66,482. The rise is driven by growing optimism surrounding support from U.S. regulators. Vice President <a href="https://kamalaharris.com/wp-content/uploads/2024/10/FMfcgzQXJZxzLGgcKmSNQSXCRKXShwxJ.pdf" target="_blank" rel="noopener noreferrer nofollow">Kamala Harris’s pledge</a> to push for clearer cryptocurrency regulations has boosted investor confidence, helping Bitcoin surpass traditional assets like stocks and gold.
<h2 class="wp-block-heading" id="h-harris-backs-crypto-regulation-fueling-bitcoin-rally">Harris Backs Crypto Regulation, Fueling Bitcoin Rally</h2>
Harris’s commitment to establishing a clearer cryptocurrency <a href="https://coinedition.com/kamala-harris-open-support-for-crypto-ai-but-stirs-investor-protection-debate/" rel="noopener noreferrer nofollow">regulatory framework</a> for cryptocurrencies comes in response to years of industry complaints about regulatory uncertainty.&nbsp;
The political development has created a positive environment for the market, with Bitcoin climbing to $66,482 on Monday, October 14, before settling at $65,403. The rally extends beyond Bitcoin, as other major cryptocurrencies like Ethereum and Solana have also recorded gains.
Analysts suggest tha…
The post <a href="https://coinedition.com/harriss-crypto-push-drives-bitcoin-rally-to-66k-outpacing-traditional-assets/" rel="noopener noreferrer nofollow">Harris’s Crypto Push Drives Bitcoin Rally to $66K, Outpacing Traditional Assets</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Harris’s Crypto Push Drives Bitcoin Rally to $66K, Outpacing Traditional Assets

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