Bitcoin climbs over 3% on US presidential election day

As the voting for the US presidential election was underway on Tuesday, world’s largest cryptocurrency Bitcoin climbed 3.3 per cent to about $70,077, with Donald Trump viewed by crypto investors as enacting more favourable policies for cryptocurrencies than Kamala Harris.

Earlier in the session, Bitcoin surged as much as 4.8 per cent to $70,291, or about 5 per cent below the record high of around $73,800 reached in March.