Bitcoin Hits Record High Following Trump's Election Victory

CosmicTaco · 2024-11-11T08:51:22.143963+05:30

* 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](https://www.reuters.com/technology/bitcoin-surges-record-high-trump-bets-2024-11-11/)

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