Trump victory lifts crypto and stocks
ELECTION:
Bitcoin surged US$6,000 to a record US$75,371.69, while the US dollar rose more than 1 percent against the euro and 1.5 percent against the Japanese yen
The US dollar surged and bitcoin hit a record high yesterday before former US president Donald Trump claimed victory in the US election, with traders ramping up bets on fresh tax cuts, tariffs and rising inflation.
While polls had shown the race on a knife edge, the Republican fared far better than his Democratic opponent, US Vice President Kamala Harris, as results rolled in.
Both candidates…
