Bitcoin breaks $81,000 on Trump's victory

By Reuters

Nov 12, 2024 12:14 am

SINGAPORE — Bitcoin soared to a record high above $81,000 on Monday on expectations that cryptocurrencies will boom in a favourable regulatory environment following the election of Donald Trump as US president and pro-crypto candidates to Congress.

The world's biggest and best-known cryptocurrency has now more than doubled from the year's low of $38,505 and was last at $81,572, having earlier touched a record high of $81,899.

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