Bitcoin hits new record

» Published: November 06 2024

Bitcoin hits new record
Photo: Kin Cheung/AP/TT

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The cryptocurrency Bitcoin has surged seven percent overnight to 75,060 dollars, a new record compared to the previous high in March, reports Reuters.

The surge can be interpreted as investors leaning towards Donald Trump winning the US presidential election since the 78-year-old is considered to have a more positive stance on Bitcoin and the crypto industry as a whole.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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