Bitcoin surpassed the $75,000 barrier for the first time this Wednesday, driven by the prospect of regulatory easing of cryptocurrencies in the event of Donald Trump‘s victory in the US elections.
At around 04:08 CET, one unit of this cryptocurrency was selling for $75,005, according to real-time market data from the economic information agency Bloomberg.
The previous trading record was in March, when bitcoin reached $73,797.98. Although this Wednesday’s rise moderated, the cryptocurrency remained above that maximum around 03:30 GMT, at $73,923.
Bitcoin rose in the markets during the early stages of the recount of the US presidential elections that gave Trump an advantage.
The former president pledged during the campaign to turn the United States into “the world capital of bitcoin and cryptocurrencies” with an extremely flexible regulatory framework.
Although he initially presented himself as a critic of these currencies, which he himself described as a “scam,” Trump has become one of their defenders and recently launched his own platform for trading cryptocurrencies.
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