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Bitcoin soars to unprecedented high as investors anticipate Trump victory

World News

2024-11-05 | 23:04

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Bitcoin soars to unprecedented high as investors anticipate Trump victory

Bitcoin surged to an unprecedented high during Asian trading as investors anticipated a Donald Trump victory in the U.S. presidential election.

The world’s largest cryptocurrency climbed 7% to $75,060, surpassing the peak in March. This rise is attributed to the potential of a Trump win, which could positively impact cryptocurrency regulation.

Reuters

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