Bitcoin prices moved higher Wednesday, trading above $6,500 for the first time since mid-October.
A single bitcoin BTCUSD, +1.13% was last changing hands at $6,523.57, up 1.3% since Tuesday at 5 p.m. Eastern Time on the Kraken exchange. The move higher in the world’s largest digital currency has dragged the market cap for all cryptocurrencies above $220 billion for the first time in a month, according to data from CoinMarketCap.
Tuesday’s midterms weren’t a complete nonevent for the crypto community. In Colorado, voters elected a pro-crypto and blockchain governor in Jared Polis. The Democrat has long campaigned for decentralized technology to help local business.
