Bitcoin leaps to record high as traders lean towards Trump victory
Bitcoin surged to a record high of $75,060 during Asia trading, a 7% increase, as investors speculated that a potential victory for Donald Trump in the U.S. presidential election could lead to a more favorable stance on cryptocurrency regulation.
- Economy
- Reuters
- Published Date: 06:42 | 06 November 2024
- Modified Date: 06:45 | 06 November 2024
Bitcoin surged to a record high in Asia trade as investors leaned towards Donald Trump winning the U.S. presidency.
The world's biggest cryptocurrency rose 7% to $75,060, topping March's peak with the prospect of Donald Trump winning the election seen ushering in a softer line on cryptocurrency regulation.