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After polling closed in the US elections, the first results started coming in. Accordingly, Donald Trump won North Carolina and Georgia out of 7 swing states. The results are yet to be declared in the remaining 5 states. On the other hand, the New York Times declared Trump the winner of the election.
Although the results are not yet final, the available data is enough to break the all-time record for Bitcoin. The number one cryptocurrency hit $75,000 early in the morning. This rise of Bitcoin was also accompanied by altcoins.
Among the top 100 cryptocurrencies, the value of DogeCoin increased by more than 30%. It was followed by two other meme coins, WIF and BONK, with 22 percent gains. SOL, which has reached $185 and is the fourth largest cryptocurrency by this price, is also notable with its rise.
Trump gave very positive messages regarding cryptocurrencies during his election campaign. The presidential candidate said he would make the USA a Bitcoin superpower and that he would not sell but keep 200,000 BTC in the US at this time. “If this continues, Bitcoin may exceed the market value of gold in the future.” “Never sell your bitcoins,” Trump said. He made a statement. Trump also promised to fire SEC Chairman Gary Gensler on the first day.
The number one cryptocurrency by market value trades at $74,150 at 07.05 TSI.
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