HONG KONG (Nov 6): The dollar surged and bitcoin hit a record high today before Donald Trump claimed victory in the US election, with traders ramping up bets on fresh tax cuts, tariffs, and rising inflation. While polls had shown the race on a knife edge, the Republican fared far better than his Democratic opponentRead More

HONG KONG: The dollar surged and bitcoin hit a record high Wednesday before Donald Trump claimed victory in the US election, with traders ramping up b...

Bitcoin's surge to $75,000 is driven by institutional interest and political uncertainty. Experts see strong long-term potential, though caution is advised with election-related volatility.

Bitcoin surged over 9.2% to an all-time high of over $74,200 on Tuesday evening as early results showed favorable outcome for Republican candidate Donald Trump, who has promised crypto-friendly policies if he wins.

Bitcoin just topped its previous peak price from March in the latest surge amid strong ETF demand and a crypto-tinged U.S.

News that the former president's party had won control of the Senate boosted the prospect of sweeping tax cuts, more tariffs and deregulation - seen as a boost for the greenback.

Bitcoin has hit a record high as Donald Trump leads in the US presidential election.Trump's support for digital assets is boosting investor confidence

Uncertainty over the next U.S. president—or whether there'll be a clear winner—triggered near record outflows from Bitcoin ETFs.

The value of the United States Dollar experienced a significant surge, while Bitcoin also achieved a record high on Wednesday as investors positioned themselves for a potential triumph for Donald Trump. This optimism was fueled by the ex-president’s victory in crucial swing states, which are essential for securing the White House. Naija News reports that […]

The record comes about a week after the cryptocurrency hit a seven-month high as it surged in the lead up to Election Day

Bitcoin spot ETFs saw a record $579.5 million in daily outflows on Monday.The outflows come as traders prep for volatility amid election uncertainty

US Bitcoin ETFs experienced their second-largest daily outflow of $541.1 million on November 4, 2024, as investors adjusted positions ahead of the presidential election

A series of pre-election nods from Elon Musk and Donald Trump’s campaign push Dogecoin’s value to its highest since April.

On Nov. 5, BlackRock’s spot Bitcoin exchange-traded fund, BITB, recorded its largest net outflow day since inception, with $44.2 million leaving the fund

Dogecoin reached $0.21 during Election Day 2024, driven by Trump-Musk mentions of a potential "D.O.G.E." government department and overall crypto market strength led by Bitcoin's new all-time high of $74,504.