The outcome of the U.S. presidential election was widely seen as a win for the crypto industry. Bitcoin’s price has surged since the election.

This is Frances Yue, crypto reporter at MarketWatch. Crypto investors have been cheerful this week, as bitcoin has kept refreshing all-time highs and market participants are hopeful that the digital-asset sector will benefit from a more friendly regulatory environment after President-elect Donald Trump takes office.

Global stocks dipped on Tuesday after five straight sessions of gains while the dollar touched its highest level in over four months as investors gauge the impact of U.S. President-elect Donald Trump's likely policies on growth and inflation.