Bitcoin price surges above $93,000 as investors react to election and inflation data. The cryptocurrency's value is influenced by anticipation of weaker regulations under the incoming Trump administration. Traders also digest October inflation data, which shows a 0.2% increase in consumer prices, bringing the 12-month inflation rate up to 2.6%. Other cryptocurrencies like Ether and Solana token see small gains.

Source: https://www.wionews.com/business-economy/bitcoin-tops-93000-as-investors-react-to-election-and-inflation-data-776011