Bitcoin price hits record high with crypto investors bullish on Trump win
Bitcoin surged to a new all-time high just above $75,000 on Tuesday night, a gain of more than 10% in just 24 hours as early election returns had crypto investors bullish on former President Donald Trump’s prospects for a return to the White House.
The leading cryptocurrency began Election Day trading at about $70,000, swiftly rising to $72,000 before hitting its peak at about 10 p.m. Tuesday night. The rally underscored renewed investor enthusiasm for Bitcoin amid heightened political uncertainty and speculation about future regulatory policy around crypto.
It’s the second time this year that Bitcoin has hit a new record. The…
