Cryptocurrency prices surged on Election Day as investors anticipated the results and potential implications for the future of the digital asset industry.
Both presidential candidates, Donald Trump and Kamala Harris, have expressed support for the crypto industry, leading to optimism among investors.
Bitcoin, the largest cryptocurrency, reached a new high of over $70,000, while other major coins like Ethereum also experienced significant gains.
The rise in crypto prices suggests a belief that the incoming administration will implement policies that are favorable for the industry's growth.
