Bitcoin reached a new all-time high of $75,000 as early election results showed Donald Trump leading in the U.S. presidential race.
The market surge was fueled by the excitement and uncertainty surrounding the election, with traders speculating on a Trump victory benefiting Bitcoin.
Investors believe that Trump's stance on cryptocurrencies could lead to friendlier regulations and policies, driving up the value of Bitcoin.
Bitcoin's performance in 2024 has been strong, attracting interest from individuals and institutions despite some market fluctuations.