Bitcoin jumps to record high in crypto frenzy after Trump win

The price of bitcoin hit a new high Wednesday as investors bet that former president Donald Trump's victory in the U.S. presidential election will be a boon for cryptocurrencies.

Nov 6, 2024 - 13:30
Bitcoin jumps to record high in crypto frenzy after Trump win

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Giant letters on a backdrop spell out "Bitcoin 2024" at the top of the image, with smaller repeating bitcoin logos covering the rest of the backdrop. In front of the backdrop, a man stands at a podium with his arms spread. He is small in the image so that the giant letters could be fit in.

The price of bitcoin hit a new high Wednesday as investors bet that former president Donald Trump's victory in the U.S. presidential election will be a boon for cryptocurrencies.

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