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Bitcoin hits new all-time high on Trump presidential victory

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Those who bet that a Trump victory — or at least the first inklings of one — would fuel a new all-time high for bitcoin were right.

Bitcoin markets soared just after 10 pm ET on election night, briefly surpassing $75,000. It was a remarkable move to correspond with a remarkable political comeback for Trump, who earlier this morning was projected to win enough Electoral College votes to become the 47th president of the United States.

According to TradingView data, bitcoin crossed $70K during the morning voting hours before slipping back beneath that level for much of the afternoon trade….

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