Bitcoin has hit $80,000 for the first time as Donald Trump recorded victories in Nevada and Arizona in the US election, marking a clean sweep of the seven swing states for the president-elect and paving the way for a more pro-crypto administration.
The cryptocurrency rose as much as 4.5 per cent on Sunday, according to data from LSEG, extending its rally following Trump’s decisive win in the presidential election earlier in the week.
Its move boosted other cryptocurrencies. Ethereum, the world’s second-largest token after Bitcoin, rose 8.9 per cent to hit $3,200 a coin for the first time since August, while Solana…
