Following Donald Trump's victory in the US presidential election yesterday, the value of Bitcoin exceeded $74,000 for the first time in history. With his victory now confirmed, the value of Bitcoin earlier this morning surpassed $76,000 for the first time in history. At the time of writing the value had fallen back to around $75,400 for each Bitcoin.
The value is expected to increase in the days after the American presidential election because Donald Trump has previously expressed support for using cryptocurrencies. He even has a personal crypto project launched while campaigning a few months ago.
Like yesterday, when the value of Bitcoin increases it also has a positive impact on other cryptocurrencies such as Ethereum and Solana,.
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BUSINESS & MONEY