Bitcoin hits $80,000 for the first time
The Peninsula
London: Bitcoin soared to a new record high on Sunday, as traders bet that Donald Trump s return to the White House will be good for the cryptocurrenc...
London: Bitcoin soared to a new record high on Sunday, as traders bet that Donald Trump's return to the White House will be good for the cryptocurrency.
The digital currency passed $80,000 for the first time in its history shortly after 12:00 pm (1200 GMT).
It has been rising since Republican candidate Trump won last Tuesday's US presidential election over sentiment that he will ease regulations on digital currencies.
Bitcoin reached $75,000 on Wednesday, topping its previous all-time peak of $73,797.98 achieved in March.
Trump was seen as the pro-crypto candidate in his battle with the Democratic Party's candidate Kamala Harris.
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