Donald Trump wins the 2024 U.S. presidential race, defeating Kamala Harris to become the 47th president.
Trump's win spurs cryptocurrency surge; $BTC hits an all-time high at $75,361, then slightly corrects to $73,747.
The global crypto market cap climbs to $2.57 trillion, up 8% over 24 hours, boosted by pro-crypto Trump’s victory.
Trump’s projected win had resulted in a surge in cryptocurrency market activity over the past 24 hours. As of this writing, the global cryptocurrency market capitalization is $2.57 trillion, having climbed by 8% during the period in review. This uptick in trading activity pushed leading coin $BTC to a new all-time high of $75,361 during Wednesday’s early trading hours. However, it has since witnessed a minor correction. At press time, $BTC trades at $73,747.