After the victory of Donald Trump in the US presidential election, Bitcoin prices have reached an all-time high.
According to a foreign news agency, on Wednesday, the world’s most valuable cryptocurrency crossed the record level of $75,000, breaking its record set in March.
News of Donald Trump’s victory in the presidential election saw the price of the cryptocurrency rise by more than 10 percent within hours.
The Republican candidate presented himself as the ‘crypto candidate’ in his presidential campaign and promised to pass satisfactory legislation and create a US bitcoin reserve if he won.
Donald Trump’s pro-cryptocurrency stance has been seen as a pledge to end prosecution of the crypto industry and make the US the world’s bitcoin superpower.
