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Market
Which cryptocurrency will be the top performer in 2024?
4
Resolution / Starting Odds
Bitcoin • 25%
Ethereum • 25%
Solana • 25%
Other • 25%
Cryptocurrency performance data from CoinMarketCap or similar platforms
Story
Bitcoin Surges 7% to Record High of $75,060 Following Trump Election Victory
Nov 6, 2024, 07:07 PM
Bitcoin surged to a new all-time high of $75,060 following the election victory of Donald Trump. The cryptocurrency's market cap jumped $100 billion overnight as investors celebrated the pro-crypto stance of the newly elected president. Bitcoin surged 7% to $75,060, with BlackRock's IBIT seeing $1 billion in trading volume within 20 minutes. Crucible Capital's general partner noted that crypto was a major force in the American political landscape during this election. Traders are now placing bets on Bitcoin reaching $100,000 by the end of the year.
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