Memecoins DOGE and SHIB have outperformed on US election day as US citizens cast their ballots.
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.
Bitcoin rallied over 3% in an hour to reach as high as $71,500. Source: TradingView
