Bitcoin briefly rallied over 3% over the last hour reaching as high as $71,500 as markets respond to Donald Trump’s early lead in the United States election.
The price of Bitcoin has since retraced slightly to $71,309 at the time of publication, according to TradingView data.
Memecoins Dogecoin DOGEUSD and Shiba Inu SHIBUSD and Solana SOLUSD increased 1.9% and 2.6% too, CoinGecko data shows.
