Trump Wins Election; Markets React Positively

Donald Trump is poised for a second presidential term after securing 277 electoral votes, surpassing the 270 required to win, as Kamala Harris holds 224 votes with no clear path to victory. The announcement of Trump's victory has positively impacted financial markets, with U.S. stock futures and Bitcoin prices soaring; Bitcoin hit an all-time high of $75,000. Trump Media & Technology Group shares also experienced a significant surge, reflecting investor confidence in Trump's political prospects. Trump's victory is anticipated to benefit the cryptocurrency sector due to his pro-crypto stance, promising to end regulatory 'war' on crypto and potentially establishing the U.S. as a crypto leader. The broader financial markets are reacting with the Dow and S&P 500 futures both rising over 2%, while the U.S. dollar and Treasury yields also saw increases. International leaders, including French President Emmanuel Macron, extended congratulations, signaling global recognition of Trump's win.