Bitcoin touched a record-high $85,000, TradingView data shows, as it extended its rally following the U.S. elections.
The crypto market rallied for a fifth consecutive day, buoyed by Donald Trump’s election win and the Federal Reserve’s latest interest rate cut.
Bitcoin Price at Record as Powell Says Trump Win Has 'No Effect' on Policy
Crypto assets kept climbing higher Wednesday after Donald Trump won the U.S. presidency, with bitcoin (BTC) blasting through $76,000 for the first time
The next president of the United States will have an important role choosing regulators and potentially even advocating for crypto regulations, taking executive action or lobbying for legislation.
Prediction markets indicate a tight race with Trump leading Harris.
The global cryptocurrency market cap is down 1.6% to $2.52 trillion in the past 24 hours.
Bitcoin surpasses $70,000 for the first time in over four months, signaling strong market confidence.
The proposal notes a corporation’s “fiduciary duty” to maximize shareholder value by protecting profits from debasement in an inflationary world.
Pennsylvania House passes Bitcoin Rights Bill with bipartisan support, setting guidelines for digital asset regulation.
Bitcoin ETFs recorded first outflows in two weeks, contributing to a market decline.
