Bitcoin hits a new record high of more than $75,000 amid the US election
Kyiv • UNN
The cryptocurrency Bitcoin has reached a new high of more than $75,000 after Trump's victory in the US election. The growth occurred against the backdrop of his promises to make the United States the “bitcoin superpower of the world.
The price of bitcoin reached a record high of more than $75,000 amid news of Donald Trump's victory in the presidential election, who promised to make the United States the “bitcoin superpower of the world.
This was reported by Financial Times, UNN.
Details
On Tuesday, bitcoin rose to a record high of $75,060 as crypto investors celebrated the expected election victory of Donald Trump, who promised to make the United States the “bitcoin superpower of the world”
Trump has positioned himself as a pro-cryptocurrency candidate, promising to stop “persecuting” the industry and securing government and financial support from major crypto investors.
The growth of bitcoin has boosted share prices of other crypto tokens. The price of Ethereum rose 7% to $2,595, while Solana gained 15% to $186. The price of the Doge coin meme token, a favorite of Elon Musk, jumped by 22%.
Recall
Bitcoin hit a new high of $74,847 after Trump's lead in the electoral vote count. Cryptocurrency markets reacted positively to the prospect of his presidency due to his pro-cryptocurrency stance.
Decision Desk HQ's forecast suggests that Donald Trump will become the new US president, having previously received 270 of the required votes.
Trump himself announced his victory in the US presidential election, saying during a speech to supporters in Florida that they were facing “the 45th and 47th president of the United States.
