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Bitcoin hits record high as Trump edges closer to full control of Congress

Financial Times LogoFinancial Times4d ago

Bitcoin hits record high as Trump edges closer to full control of Congress - Financial Times

Quick Summary:

Bitcoin rallied to a previous all-time high of more than $75,000 on Wednesday as it emerged that Trump had won the White House.

Ethereum, the world’s second-largest token after Bitcoin, rose 8.9 per cent to hit $3,200 a coin for the first time since August, while Solana rose 4.5 per cent.

Trump highlighted the merits of Bitcoin throughout his campaign, even promoting a new venture set up by some of his longtime business partners and backed by his sons.


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Article Details

Author / Journalist: Joshua Franklin

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-10 @ 14:56:28 (4 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 671 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 34 words per sentence (average)

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

Copyright Owner: © Financial Times

News ID: 23496171

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 11 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

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  • URL: https://beamstart.com/news/bitcoin-hits-record-high-as-17312537222174

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