Market News
Bitcoin leaps to record high as traders lean towards Trump victory - REUTERS
- Bitcoin breaks $75k
- Traders see Trump as crypto friendly
- ETH surges but well short of record
SINGAPORE, Nov 6 (Reuters) - Bitcoin surged to a record high in Asian trade as investors leaned towards Donald Trump winning the U.S. presidential election.
The world's biggest cryptocurrency rose 7% to $75,060, topping March's peak, with the prospect of Trump's return to the White House seen ushering in a softer line on cryptocurrency regulation.
Republican Trump won 15 states while Democrat Kamala Harris captured seven states and Washington, D.C., Edison Research projected, and though the race remained too early to call financial markets began moving in the Asia session to price a victory for the former president.
