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CosmicTaco

Bitcoin Hits Record High Following Trump's Election Victory

  • Bitcoin reached a record high of over $81,000 following Trump's election victory and pro-crypto candidates winning seats in Congress.
  • The cryptocurrency industry had spent over $119 million supporting pro-crypto candidates, hoping for crypto-friendly legislation.
  • Despite the optimism, some analysts warn that Trump's focus may not be on digital-currency deregulation.

Source: Reuters

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