New Delhi, 6 November (H.S.): Donald Trump's lead in the election race created a lot of movement in the crypto currency market. The world's largest crypto currency, Bitcoin, jumped and crossed the level of $75,000 on Wednesday. This crypto currency touched the highest level of $ 75,011.06.

On March 14, Bitcoin had made a record by reaching the level of $ 73,797.68, but the counting trends in USA have breathed new life into this crypto currency.

Ravneet Khanna, Operation Head of Coin Market Cap, an agency authorized to trade crypto currency in India, says that the elections being held in USA have had a great impact on the crypto currency market. The policy of Joe Biden and Kamala Harris has been against crypto currency from the beginning, while Donald Trump, in his previous tenure, not only accepted the importance of crypto currency, but also supported the matter of recognizing it as an alternative currency. This is the reason that if Donald Trump comes into a position to form the government in the US election results, then a new record of strength can be created in the crypto currency market, especially Bitcoin. At the same time, if Kamala Harris wins due to some reversal at the last moment, then the sentiment of the crypto currency market can also be negative.

The results of the US presidential election are considered very important for the future of the crypto currency market. Due to some of Kamala Harris's earlier statements, it is being speculated that if Kamala Harris comes to power, then adverse conditions may be created for the crypto currency market.

On the other hand, Donald Trump is already considered positive for the crypto industry. Earlier this year, when Donald Trump spoke about his candidacy for the presidency, he had also described the trend of crypto currency as necessary for the US economy.

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Hindusthan Samachar / Nimish kumar