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Dollar Soars, Bitcoin Hits Record And Stocks Rally As Trump Win Seen

Donald Trump Bitcoin Kamala Harris United States Republican the White House Vice President

Investors are keeping a close eye on the US election, with some results already in but some states still voting. (Credit: AFP)

The dollar surged and bitcoin hit a record high Wednesday while equity markets advanced as traders bet on a victory for Donald Trump as early results for the US presidential election rolled in.

While polls have shown the race for the White House on a knife-edge, the Republican appeared to be faring better than his Democratic opponent and Vice President Kamala Harris in early projections.

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

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