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International Business Times
International Business Times
Business
Marvie Basilan

Bitcoin Surges Above $76K, Allowing $UNI, $ETH To Outperform $BTC In Election Day Aftermath

Bitcoin Donald Trump Cynthia Lummis United States Crypto altcoin
A visual representation of the digital Cryptocurrency, Bitcoin is seen on January 09, 2024 in London, England. (Credit: Dan Kitwood/Getty Images)

KEY POINTS

  • $BTC surged to $76,243 at one point on Wednesday after Trump secured 270 electoral votes
  • $UNI outperformed Bitcoin, spiking by nearly 22% in the last 24 hours amid a 17% weeklong rally
  • $ETH increased nearly 12% in the last day despite concerns about the coin's fate
  • Some popular memecoins also surged, including $PEPE and $POPCAT

Bitcoin has hit a new all-time high after first passing $74,000 on election day and surging above $75,000 to reach $76,243 at one point on Wednesday.

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