Cryptocurrency prices rose on Election Day as investors eagerly awaited the outcome of the U.S. presidential election.
Major cryptocurrencies, including Bitcoin and Ethereum, saw significant gains, with Bitcoin exceeding $70,000 earlier in the day.
Exchange traded funds (ETFs) based on crypto assets also experienced strong growth, with Bitcoin ETFs rising by over 3% on Tuesday afternoon.
The price increases suggest investor optimism surrounding the potential for favorable policies towards the crypto industry from the incoming administration.
