Bitcoin all-time record high: Bitcoin broke through a new all-time record high over $81,000, on the back of United States President-elect Donald Trump’s victory and his apparent support of digital assets, Bloomberg reported.
Further, crypto markets are abuzz with the prospect of a Trump-era US Congress featuring pro-crypto lawmakers, it added.
As of 9:05 a.m. on November 11, the world’s largest cryptocurrency was at $81,156.62. This is Bitcoin’s second consecutive record high, having peaked at $80,000 for the first time on November 10.
On November 6, a day after Trump’s 2024 US presidential election win against Kamala Harris was announced, the token reached $75,000, crossing its previous all-time high of $73,797.98 hit in March 2024.
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Author: Srishti Pandey