On Wednesday, Bitcoin reached a new record high as preliminary voting results indicated a significant lead for Donald Trump in the 2024 presidential elections, bolstering expectations for more favorable regulations. Reports UNN citing Іnvesting.
Details
The largest cryptocurrency in the world surged nearly 10%, hitting $74,847.2. Other cryptocurrencies also experienced gains: the second-largest cryptocurrency, Ethereum, rose by 9.1% to $2,622.90.
Cryptocurrency prices skyrocketed after the vote count showed Trump leading with 198 electoral votes, while Kamala Harris garnered 109 votes.
The cryptocurrency markets reacted positively to the prospect of a Trump presidency, considering his pro-cryptocurrency stance during the campaign and promises of favorable regulations for the industry.
Reminder
According to preliminary counts, as of 04:00 (Kyiv time), Donald Trump received 177 votes, while Kamala Harris received 99.