The dollar soars, boosted by a possible election of Trump

The dollar soars, boosted by a possible election of Trump
The dollar soars, boosted by a possible election of Trump

The dollar jumped around 1.5% against the yen and the euro during Asian trade on Wednesday, boosted by announcements from the first states won by Donald Trump in the American presidential election. Bitcoin soared to a new all-time high.

Boosted by the prospect of regulatory relaxation favorable to digital currencies in the event of Donald Trump's victory in the American presidential election, bitcoin rose around 4:08 a.m. (in Switzerland) to 75,005 dollars, crossing for the very first times the $75,000 mark.

The greenback climbed by 1.71% against the Japanese currency, to 154.21 yen per dollar and appreciated by 1.67% against the common European currency, to 0.9302 euros per dollar.

'Markets are starting to bet on Trump's return. He won by a larger margin than expected in Florida, a very populous state, which reinforces expectations of Republican scores better than expected elsewhere in the country, said Yugo Tsuboi, strategist at Daiwa Securities.

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