Bitcoin Value Surges Following Trump’s Victory

By Timothy Sohn Nov 14, 2016 9:20 PM EDT

(Digital Trends) – News of Donald Trump’s ascension from reality television star to the highest elected office in the U.S. sent the stock market into a temporary nosedive, from which it recovered in striking fashion. Trump’s election also had a marked effect on the cryptocurrency bitcoin. Following Trump’s victory, bitcoin value surged to a recent high of $738 overnight, and began trading at around $726 on Wednesday morning, Coindesk reported.

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