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Bitcoin surges to $75,000, a new record, as traders bet Trump has election edge

  • Bitcoin reached a record $75,000 due to investor speculation that former President Donald Trump was gaining an edge in the U.S. Election.
  • Bitcoin saw gains as Trump took an early lead in the Electoral College, despite no major swing states being called yet.
  • Rasmussen predicted, "If Trump wins, I believe we’ll see new all-time highs," supported by Bitcoin's historical election-related returns of roughly 87%, 44%, and 145%.
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