The cryptocurrency’s price briefly topped $75,000 for the first time before retreating to around $73,500, according to the CoinDesk Bitcoin Price Index. The currency is still up more than 5% from Tuesday’s settlement.
Bitcoin’s previous all-time high was $73,798, which was reached in March.
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06/11/2024
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21:36
Hatzidakis: Institutional Framework for Cryptocurrencies: Monitoring, Tax Treatment, Combating Illegal Activities
Trump has “embraced” crypto as part of his agenda and promised to make the US the “crypto capital of the planet”.
Other brands also rose in value. Dogecoin, a so-called meme coin often touted by Trump supporter Elon Musk, has jumped 20% since yesterday.
The dollar also rose 1.5% against the euro and yen in Asian markets, also on the prospect of a Trump victory.
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#Bitcoin #Hits #AllTime #Record #Trump #Closes #Election #Victory
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