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Bitcoin surges to record $75k during US election uncertainty
Bitcoin soared to a record U$75,000 on Tuesday evening.
This surge came as former President Donald Trump held a tentative lead in the race, while several swing states remained uncalled, according to NBC News.
The cryptocurrency surpassed its previous peak of US$73,797.68 set in March, based on data from Coin Metrics.
This increase corresponded with a 3% after-hours trading rise for Coinbase and a 4% advance for MicroStrategy.
Recent Coinbase developments
| Timeline |
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15-Mar-2023 💰 Coinbase adds support for direct bank transfers in Singapore
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28-Feb-2023 🚫 Coinbase to halt Binance USD trades
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19-Jan-2023 📉 Coinbase to halt operations in Japan amid crypto slump
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11-Jan-2023 💼 Coinbase to let go of 950 staff amid efforts to reduce costs
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11-Oct-2022 🌐 Coinbase gets MAS nod for crypto services
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