Trump's Victory Escalates Bitcoin to $75K

Bitcoin price jumped over 8% to a record $75,371.69, surpassing its previous high of $73,797.98

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Trump pledged to make the US “the bitcoin superpower of the world”.

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Trump also said he plans to put billionaire Elon Musk in charge of an audit of governmental waste.

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The price of bitcoin has closely followed Trump’s position in the polls and on betting markets

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During his presidency, Trump referred to cryptocurrencies as a scam, but has since radically changed his position.

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