<ul><li>Bitcoin's price briefly reached $69,200 amid easing Middle Eastern tensions and election-related risk aversion.</li><li>Bitcoin's fixed supply offers an inflation hedge and draws attention from investors wary of upcoming inflation data and the post-election environment.</li><li>Some traders are exploring alternative assets like Bitcoin as regional tensions persist in the Middle East.</li><li>The post-election environment could see a shift back to riskier assets, including Bitcoin, due to its fixed supply and potential regulatory clarity.</li></ul>

Bitcoin Nears $70K Amid Easing Global Tensions and Election Hopes

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