Investors piled into cryptocurrencies after Donald Trump took an early lead in the US election, sending bitcoin to a record and other tokens including Elon Musk-backed dogecoin soaring.
Bitcoin, the world’s largest cryptocurrency, jumped more than 8 per cent above $US75,000 in New York as traders around the world watched poll results trickle in. That topped the March peak after the launch of bitcoin exchange-traded funds. It eased to about $US74, 544 in Asian trading.
Loading...
Sarah Jones is the markets editor at The Australian Financial Review. She is based in the Sydney newsroom. Connect with Sarah on Twitter. Email Sarah at sa.jones@afr.com
