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Bitcoin hits new record high of more than $75k

TOKYO — Bitcoin soared to a new record high on Wednesday as traders bet on victory for Donald Trump in the US presidential race, with the tycoon seen as the pro-crypto candidate.

The digital currency hit as much as $75,005.08 at around 0300 GMT (11 a.m. in Manila), topping its previous all-time peak of $73,797.98 achieved in March.