Bitcoin Hits Record High As Trump Promises Pro-Crypto Administration
Topline
The price of Bitcoin breached $82,000 for the first time ever early on Monday, continuing its post-election bull run as President-elect Donald Trump has promised to bolster the industry while several pro-crypto candidates won down-ballot races.
President-elect Donald Trump has promised to enact pro-cryptocurrency policies after taking office.
Key Facts
The world’s most valuable cryptocurrency hit an all-time high of $82,197 in early Monday trading, up more than 19.5% compared to last week.
Bitcoin breached the $80,000 mark for the first time on Sunday after a big weekend rally—breaking the election night high of $75,000.
The price of Ether—the second most…
