Bitcoin soars after possible Donald Trump win in US: Appreciates almost 10%
Bitcoin's records during the results of the US election surpass those set during the month of March.
Donald Trump has positioned himself as the most favorable candidate for the digital asset industry by promising to make the United States the world capital of cryptocurrencies.
Bitcoin jumped to a record as traders around the world watched the results of the US presidential election that pits digital asset supporter Donald Trump against Kamala Harris, who served as vice president during a government crackdown on the industry.
The original cryptocurrency rose more than 8 percent, surpassing $75,000 as of 10:08 p.m. in New York. That surpassed the March record set during the euphoria that followed the launch of bitcoin cash exchange-traded funds in the United States.
Bitcoin extended its gains as Trump took an early lead, but the race was far from decided on Tuesday night. With polls closed in more than two-thirds of states, Trump had taken a preliminary lead in Georgia and North Carolina, two key states, while vote counting in others was in its early stages.$BTC $BTC #Bitcoin! #TrumpNFT #DogecoinDay #Musk $ETH