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Bitcoin reaches record high of $75,000 as traders bet on Trump victory

Republican candidate is seen as pro-crypto and price of bitcoin has followed his position in the polls

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Bitcoin has soared to a new record high as traders bet on victory for Donald Trump in the US presidential race, with the tycoon seen as the pro-crypto candidate.

The digital currency hit as much as $75,005.08 on Wednesday morning, topping its previous all-time peak of $73,797.98 in March.

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