The price of Bitcoin surged to an all-time high of $75,400 in the wake of the latest U.S. presidential election updates. Early results showed that Donald Trump, who has positioned himself as a pro-crypto candidate, is gaining significant momentum.
This political development triggered a sharp rally in Bitcoin’s price. Although Bitcoin has since stabilized around $74,000, its ascent reinforced its position among the world’s top 10 largest financial assets by market capitalization.
