Asianfin -- A recent rally in Bitcoin has captured attention, with some investors interpreting the rise as an indication that markets expect a victory for pro-crypto Republican candidate Donald Trump in the upcoming U.S. presidential election. The digital asset has climbed approximately 13% over the past week, outperforming both global stock indices and gold. Billionaire investor Stan Druckenmiller noted that cryptocurrencies are among the signs that markets are pricing in a potential win for the former president. Trump has pledged to position the U.S. as the global hub for cryptocurrency while competing for votes in a closely contested race against Democratic Vice President Kamala Harris. His strong support for the sector has led to Bitcoin being classified as a so-called "Trump trade," reflecting a series of bets based on his possible return to the White House. This Bitcoin surge aligns with movements in prediction markets, where users can wager on election outcomes despite the controversial nature of these platforms. On the Polymarket platform, Trump’s odds have risen to 58%, while Harris’s have decreased to 41%. Similarly, on PredictIt, Trump’s chances are currently at 54%, compared to 49% for Harris.