### Crypto Market Sees Gains Amidst Traditional Market Strength and Election Uncertainty

Investments linked to cryptocurrencies showed significant movement recently, with notable gains in several sectors. Semler Scientific saw a 26% increase after revealing additional Bitcoin acquisitions and affirming a stockpiling approach similar to MicroStrategy, helmed by Michael Saylor. Early trading also saw MicroStrategy's stocks rise by 7.5%.

Bitcoin mining companies, which have faced challenges in recent times, also reported gains. Marathon Digital, Riot Platforms, and Hut 8 achieved increases between 3% and 5%. Meanwhile, Coinbase experienced a 3% uptick, though still remains down approximately 10% after releasing a lackluster third-quarter earnings report.

Traditional markets experienced an upturn as well, with the Nasdaq rising more than 1% and the S&P 500 increasing by 0.8%. Gold and oil prices were modestly in the green, and the yield on the 10-year U.S. Treasury note rose by seven basis points to 4.36%.

In the political landscape, polling figures indicate a tightly contested race for the U.S. presidency and control over Congress. Betting platform Polymarket, after recent volatility, shows a Donald Trump victory probability at 62% against Kamala Harris’s 38%. A Republican sweep—winning the presidency, the House of Representatives, and the Senate—stands at 39%, while the probability of a Democratic sweep is at 16%.