Odaily Planet Daily News - American foreign exchange analyst Alyce Andres stated that the more than 8% increase in Bitcoin indicates that it is indeed the leader of the 'Trump trade.' With increasing bets on Trump's election as president, Bitcoin has reached a historic high of over $75,000. Republican Bernie Moreno defeated Sherrod Brown in Ohio, which may mean that the price of Bitcoin will reach new highs. Brown has been a critic of the industry, questioning its legitimacy. Meanwhile, Moreno, after building a series of car dealerships, founded a blockchain-based company to digitize car titles. Additionally, there is a political action committee called Fairshake that spent over $40 million on lobbying in the final weeks leading up to the 2024 U.S. election, having previously spent $140 million on dozens of congressional campaigns. Fairshake aims to push bipartisan candidates to take cryptocurrency seriously. (Jinji)

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