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Bitcoin Soars as Trump Leads US Election

  • Bitcoin hit a record high of over $75,000 as Donald Trump took the lead in the US presidential election.
  • Trump's support for digital assets is boosting investor confidence in cryptocurrencies.
  • Other cryptocurrencies like Ethereum and Dogecoin also saw significant gains.
  • Investors are betting on assets that could benefit from another Trump term, including cryptocurrencies.
  • The US dollar is expected to rise on higher Treasury yields, with higher inflation supporting assets like gold and bitcoin.

Source: Insider, The Sun

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