Reported 19 days ago
Bitcoin surged to a record high of $76,106 following Donald Trump's re-election as US president, marking a significant response in global markets. The cryptocurrency rose by 10% as investors anticipated more favorable regulations for digital assets under a pro-crypto administration, contrasting with the previous Biden administration's enforcement actions against the sector. Major gains in the crypto market were also reflected by other digital tokens like Ether and Dogecoin, highlighting the growing political influence of the crypto industry.
Source: YAHOO