Amid the US presidential election and the obvious results that showed Donald Trump’s advantage, bitcoin’s price rose sharply, reaching a new all-time high of over $75,000, up 9.26%.
The cryptocurrency’s growth was noticed on the morning of 6 November on crypto exchanges Binance and Coinbase, although at around 9:40 a.m. Kyiv time, the bitcoin rate began to decline to $74,088.
In addition to cryptocurrencies, global stock markets also rose. According to Reuters, U.S. stock futures on the S&P and Nasdaq indices rose by more than 2%, and the Russell 2000 rose by 6%, indicating optimistic investor sentiment.
The dollar index also showed a significant gain of 1.4%, reaching its highest level since March 2023. European markets supported overall growth, with European equities up 0.9%.