Financial Markets Reactions to Trump Election
US stock markets and bitcoin soar to new record highs in response to President Trump's election victory
Bitcoin and Ether, major cryptoassets, saw significant price increases, with Bitcoin reaching an all-time high of $75,000 and Ether nearing $2,600.
Wall Street's stock indices also reached fresh record highs, with the S&P 500 rising 2.5% and the Dow Jones industrial average increasing 3.6%.
The dollar index soared 1.7% on the Republican victory in the Senate, while the sterling fell 1.2% to $1.29, its lowest level since July.
Renewable energy stocks came under pressure, while financial firms, oil and gas, and industrial sectors received a boost.
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