Bitcoin prices soared as Republican Presidential candidate Donald Trump pulled ahead of his rival, Democrat Hillary Clinton, rattling stocks and sending safety plays like gold sharply higher. Bitcoin was up 2.6% at $724 in recent trade. The bulk of trading volume was conducted in U.S. dollars, according to CoinMarketCap.com, suggesting that U.S.-based investors were responsible for the surge.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News