New All-time High in Bitcoin
Donald Trump's victory seems to be universal in every part of US political life and this has not gone unnoticed by the markets.
While traditional markets awaited the final results, crypto markets seem to have discounted a Trump victory.
Bitcoin hit a new all-time high of $75,000 while many exchanges briefly recorded $77,000 to $81,000.
This shows that we will logically have new developments in the area, especially in the area of legislative regulations and institutional investments. The inflow of new capital into cryptos is expected to grow as demand for alternative investments hits new highs.
What remains to be seen now is how much of this rise is organic or just hype due to circumstances….
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