Bitcoin hit a new all-time high on US election night

Bitcoin price hit an all-time high of $75,060 on Tuesday, investorsbetting on Donald Trump's victory in the US election, writes the FT.

The largest cryptocurrency surpassed its previous maximum of $73,803.25, set in March. Since the beginning of the year, the price of Bitcoin has increased by 74%.

Trump positioned himself as pro-crypto, campaigning for reduced regulations in this area.

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(source: AFP)



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