While there is no such thing as a direct correlation in market forces and they may self-correct, unrelated to external pressures... watching the moment by moment as the official election results return, there is a mirroring jump or dip in Bitcoin trading on some of the largest trading exchanges.
the minute-by-minute tally of Bitcoin trades appears to be experiencing great selling pressure with every Biden win.... contrariwise, as Trump pulls ahead in electoral votes Bitcoin appears to experience strong buying pressure.
The overall trend appears to be as Biden is pulling ahead Bitcoin is having large selling pressure. The sells are happening within minutes of the official tally results being reported.... when States come in reporting for Trump, within 1- minute Bitcoin experiences rising prices as a possible result. While it may be the market self-correcting after oversold conditions earlier in the day, it is interesting to watch the pressure so closley
This could lead some to believe that the overall market for Bitcoin in hoping for a Republican Sweep. It's important to stress that the volatility we see in the market is not unusual, especially for such a large external force as a governing nation. One that is in charge of rules and regulations of the nascent crypto-space.
The curious impact if this is a true correlation would appear to be individuals trading from emotion. As factually Trump as come out as being extremely hard on crypto and stating it is "not money... and based on air" ... but has been extremely lax on regulations.
Where as under a Biden administration, many members of his team already own Bitcoin or are much more friendly to it. Ryan Montoya for instance (former CTO of the Sacramento Kings) and prior democratic hopeful Andrew Yang who proposed utilizing blockchain technology to update the countries Voting Systems ... There is still no official stance on the possible administrations stance on Crypto Regulation.
It's till too early to tell ... and with a race this close, it could be weeks (or months) before there is an accepted result from all parties. But it's interested to watch Bitcoin react to the possible pressures of future regulation
Here is the pumping of Bitcoin along with the official state announcements, you can watch the numbers mirror :
Early Biden lead on the East Coast
Trump begins catching up as Bitcoin begins to surge 
Continued
Continued pressure with strong selling as more states report later in the night 
Action happening as some highly contested states flip as massive mail-in votes are counted to the official tally
Let us know your thoughts in the comments. ... are you watching Bitcoin? . . Do you think the US Election is having any affect on the price volatility? Do you fear greater government regulation of your crypto space? Drop a note ... leave a tip
