Bitcoin reached a new record high of $75,000 on U.S. election day, driven by investors who had previously bet on Donald Trump’s presidential win.Bitcoin's value increased by 9.32% during this surge, trading at approximately $74,717.The US election outcome has implications for the cryptocurrency market, with predictions of price fluctuations until a dominant player is identified.The election also affects crypto taxes, regulation, and mainstream adoption, with Harris promising to support measures to grow the sector.