Bitcoin hits record high after early US election results are released

The dollar rose and bitcoin hit a record high on Wednesday as stock markets advanced as traders bet on a Donald Trump victory as early results for the US presidential election began to emerge.

While polls have shown the race for the White House "very close," the Republican appeared to be doing better than his Democratic opponent and Vice President Kamala Harris in early projections, they wrote. foreign media, the Telegraph reports.

Both candidates have achieved expected victories in safe states, but indications that the business tycoon was overtaking it fueled the so-called "Trump Trade".

The dollar climbed 1.5 percent to 154.33 yen, its highest since July, while it also gained more than one percent against the euro and more than two percent against the Mexican peso.

Bitcoin, on the other hand, climbed almost $6,000 higher to a record $75,005,06, surpassing its previous high of $73,797,98 set in March.

We recall that Trump vowed during the campaign to make the United States "the world capital of bitcoin and cryptocurrencies". /Telegraph/