Trump's lead... Bitcoin touched a historic high..!!
Bitcoin surges above $71,000 as trump surges ahead in US presidential election results. The election for the President of the united states was held yesterday, and now the results are coming out. Former President donald trump is leading with 171 seats. Meanwhile, the cryptocurrency has hit an all-time high today as the chances of a donald trump victory, who has been heavily supportive of the cryptocurrency since its inception, have increased. The cryptocurrency is only up about 60% so far in 2024, up 3.1% in one day. This is the first increase since October. According to CoinMarketCap, Bitcoin is up around $74,300 today. Meanwhile, the global cryptocurrency market cap is around $2.44 trillion. This is a 7.54% rise in the last 24 hours.
Decentralist Finance (DEFI) is up 3.56% in the last 24 hours to $4.37. Likewise, stablecoins, which are linked to fiat coins, dominate with a volume of $113.45 billion. This is a remarkable 92.37% of all transactions. While the Bitcoin market is currently up 60.04%, it has risen 0.69% since yesterday. Bitcoin investors are paying attention to the results of the US presidential election. Investors were closely watching the outcome of the election as Trump's wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital assets would have favorable positions. His opponent, Kamala harris, has implemented some regulatory measures in the cryptocurrency industry during her tenure, so this election is significant.
Bitcoin Record High: Bitcoin continues to rise in value throughout 2024. This follows the launch of US spot-bitcoin exchange-traded funds (ETFs) in january and the cryptocurrency is now less than 5% of its all-time high in March. trump, a cryptocurrency supporter, has been eyeing a victory for harris over regulatory actions taken under President Joe Biden's administration. Missouri, once considered a bellwether state, has gained heavily from Republicans. Because Republicans now hold every statewide office.