Bitcoin Reaches Record High Amid US Election Speculation

Bitcoin has reached a new all-time high of $74,504 amid the U.S. presidential election between Donald Trump and Kamala Harris, with Trump currently leading in electoral votes. The surge in Bitcoin's price is attributed to increased interest in digital assets and the approval of Bitcoin ETFs, which have attracted significant investment. Additionally, the crypto prediction market Polymarket has seen over $2 billion in betting volume on the election outcome, reflecting heightened market activity.