Crypto prices rise on Election Day as investors anticipate outcome
‘The Digital Chamber’ founder and CEO Perianne Boring weighs in on Donald Trump’s plan to further integrate crypto into the U.S. economy.
Cryptocurrency prices climbed on Tuesday amid a broader market rise as investors anticipate the outcome of the U.S. election.
Major cryptocurrencies saw prices increase on Election Day ahead of results being announced later in the day. Exchange traded funds (ETFs) based off of crypto assets also rose during Tuesday’s trading.
Bitcoin was up more than 2.3% as of Tuesday afternoon at a price of $69,402 after having surpassed the $70,000 threshold earlier in the session.
Major bitcoin ETFs rose by an even higher amount through Tuesday afternoon. The iShares Bitcoin Trust ETF, ARK 21Shares…
