Bitcoin hits all-time high as U.S. election results come in
44.00 £
Published date: 2025/02/19
- Location: 6800, Brazil
The price of the Bitcoin cryptocurrency has hit an all-time high as Trump appeared to be leading the US election.
As of early Wednesday morning, Trump was given between 85% and 91% chance of winning by several forecasting and political betting sites.
This emboldened cryptocurrency investors, who have largely seen Trump as the pro-crypto candidate, while Kamala Harris, the Democrat nominee, has largely said little about them.
Bitcoin is priced at £57,889.85 ($74578.63) as of 04:00GMT, with its peak reaching £57,935.96 ($74638.03) at its peak at 03:10GMT.
Trump reportedly made wild promises to Bitcoin investors, Electron Cash Wiki including firing the head of the Securities and Exchange Commission Gary Gensler, who has previously said that it was 'unlikely' cryptocurrencies would ever become widely accepted.
As of early Wednesday morning, Trump was given between 85% and 91% chance of winning by several forecasting and political betting sites.
This emboldened cryptocurrency investors, who have largely seen Trump as the pro-crypto candidate, while Kamala Harris, the Democrat nominee, has largely said little about them.
Bitcoin is priced at £57,889.85 ($74578.63) as of 04:00GMT, with its peak reaching £57,935.96 ($74638.03) at its peak at 03:10GMT.
Trump reportedly made wild promises to Bitcoin investors, Electron Cash Wiki including firing the head of the Securities and Exchange Commission Gary Gensler, who has previously said that it was 'unlikely' cryptocurrencies would ever become widely accepted.
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