Bitcoin soars past $80,000 barrier as US election sparks crypto optimism

Bitcoin smashed through the $80,000 milestone late Sunday, reaching an all-time high of $81,858 amid post-election optimism in the US, as pro-crypto policies appear more likely under President-elect Donald Trump.

Early Monday, Bitcoin settled around $81,500, marking a nearly 18.5 per cent increase over the past week, as reported by Forbes.

A check by PUNCH Online on CoinMarketCap on Monday pegged Bitcoin’s value at $82,368.15, with a market cap of $2.79 trillion and a volume of $237.48 billion as of 11:26 a.m. Nigerian time.

FXStreet noted that Bitcoin climbed over 6 per cent on Sunday alone, lifting sentiment across the crypto market, with Ethereum (ETH), Dogecoin (DOGE), and Solana…

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