Bitcoin hits new all time high of $75,242 as Trump takes an early lead on election day

Bitcoin skyrockets to a historic high of $75,242 as the highly anticipated election day unfolds in the United States. Interestingly, Republican candidate Donald Trump gains an early advantage over his opponent, Vice President Kamala Harris. With 95 victories out of 135 electoral votes counted thus far, Trump’s winning rate on popular crypto-based betting platform Polymarket soars to an impressive 93%, while Harris lags behind at a mere 7.7%. The race for the U.S. presidency has remained neck-and-neck, but Trump’s current lead of 210 electoral votes to Harris’s 133 provides an exciting twist. Concurrently, Bitcoin’s ascent to its new all-time high exceeds its previous record of $73,780 established earlier this year. As election fervor intensifies, the cryptocurrency surges by an impressive 9.07% in the last 24 hours. With 270 electoral votes required for victory and securing the presidency, the outcome of this election continues to evolve. Stay tuned for further developments.