Bitcoin Touches Record, Crypto-Tied Stocks Surge With Trump Set to Win White House
Key Takeaways
- Bitcoin surged to a record high Wednesday, briefly topping $75,000, as Donald Trump was set to recapture the U.S. presidency.
- The token has since retreated off the all-time high price of $73,798 set earlier this year, but is still up some 5% over the past 24 hours.
- Shares of other bitcoin-related companies, including cryptocurrency exchange Coinbase Global and MicroStrategy, also surged.
Bitcoin (BTCUSD) surged to a record high Wednesday, briefly topping $75,000, as Donald Trump was set to recapture the U.S. presidency.
The token has since retreated from the previous high of $73,798 reached earlier this year, but is still up some 5% over the past 24 hours as the former president, who has billed himself as the…
