Bitcoin saw a brief surge, climbing over 3% to hit $71,500, as markets reacted to Donald Trump's early lead in the U.S. election. It has since settled at $71,309. Meanwhile, memecoins Dogecoin and Shiba Inu jumped 5% and 3%, respectively, with Ether and Solana also seeing gains. The crypto market is experiencing heightened volatility amid the election, with Bitcoin dropping to a low of $68,755. Analysts predict significant market shifts post-election, with potential for either big moves or deeper corrections. The U.S. Federal Reserve's upcoming meeting could further influence market dynamics.