- Cryptocurrencies rally on de-regulation expectations
- Bitcoin hits record high over $81,000
- Ether, dogecoin surge
Bitcoin breaks $81,000 as Trump’s election turbocharges cryptocurrencies
SINGAPORE, Nov 11 (Reuters) – 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 U.S. 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.
Trump embraced digital assets during his campaign, promising to make the United States the “crypto capital of the planet” and to accumulate a national stockpile of bitcoin.
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