US Election Results: Bitcoin hits $75,000, Dogecoin spikes 17% as crypto market sees wave of optimism

With the Donald Trump-led Republican Party securing a thumping majority in the US Presidential Elections, cryptocurrencies have turned out to be a clear winner. Bitcoin (BTC) rose nearly 10 per cent to hit $75,000 during the day, and meme coin Dogecoin surged 17 per cent to hover around $0.1986. Intraday, Elon Musk-backed Dogecoin rose up to 25 per cent.