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

The provided text examines the potential reasons behind a surge in Bitcoin's price following Donald Trump's victory in the election. It suggests that Trump's perceived pro-crypto stance, along with the expectation of less stringent regulation under his administration, have contributed to a positive market sentiment. Additionally, historical patterns of post-election rallies in Bitcoin, coupled with the crypto industry's significant investment in the election cycle, have also likely fuelled this price increase.