Bitcoin hits record as pro-crypto Trump wins presidency again

Quick Summary:

HONG KONG – Bitcoin jumped to a record high, part of a wave of trades across global markets in response to Donald Trump emerging victorious over Democratic rival Kamala Harris in the US presidential election.

The logos of Bitcoin, Ethereum, and Tether outside a cryptocurrency exchange in Istanbul, Turkey, on Wednesday, Nov.6, 2024.

Securities Exchange Commission chair Gary Gensler said existing rules apply and repeatedly labeled the sector as rife with fraud and misconduct.

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Article Details

Category: EconomyBusiness

Markets: SingaporeHong KongTurkey

Topics: Market Digital Industry Cent Trump 2024 Crypto First Assets Exchange Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 23:01:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 624 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23449424

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Main Topics: EconomyBusiness

Official Website: straitstimes.com

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Year Established: 1845

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News Last Updated: 1 hours ago

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Publisher ID: #25

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