Trump leads in the U.S. election, Bitcoin hits a new all-time high!

Bitcoin breaks historical record high! Stock market continues to rise, bond yields surge significantly, and the US dollar reaches its highest level since July, as Donald Trump leads in the US election, prompting corresponding actions in the financial markets.

US Election Polls Close with Early Lead for Trump

According to Bloomberg, with polls closed in more than two-thirds of states, while the election results are still ongoing, the odds of former President Trump winning are rising on prediction markets like betting markets and Decision Desk HQ.

However, as predicted by the polls, the competition between Harris and Trump is shaping up to be a closely contested battle that may take days to resolve. Trump has taken early leads in the key swing states of Georgia and North Carolina, while the vote counting in other states is still in its early stages.

Bitcoin Hits Historic High

As demand for safe havens and traders reposition themselves to benefit from potential low-tax and high-tariff policies under a potential Trump administration, the US dollar index reached its highest level since July, with bond yields rising significantly.

Bitcoin surged from $69K this morning, finally breaking the March high of $73,777, reaching a high of $75,000 before the deadline. Market sentiment is high, but readers are reminded that the market is volatile, so please be cautious when trading.