Bitcoin Price Today: Increasing chances of a victory for former US president Donald Trump in the US Presidential Elections 2024 gave a leg up to the bitcoin prices on Wednesday, November 6, with the major cryptocurrency hitting a fresh high and crossing the $75,000 mark for the first time.
Bitcoin price jumped over 8 per cent today to a record $75,371.69, surpassing its previous high of $73,797.98 scaled in March this year.
The rally comes as Trump is seen as more supportive of cryptocurrencies than Democratic Presidential candidate Kamala Harris.
According to a report by AFP, Trump has pledged to make the United States the “bitcoin and cryptocurrency capital of the world” and to put tech billionaire Elon Musk in charge of a wide-ranging audit of governmental waste.
