Bitcoin hits record $81,000 as Trump victory boosts cryptocurrency market

Bitcoin reached a record high of over $81,000 on Monday, following Donald Trump's election victory. This marks a significant increase from its low of $38,505 earlier this year. Bitcoin briefly touched $81,899 during trading. Other cryptocurrencies also saw gains. Ether surpassed $3,200 for the first time in three months, while Dogecoin hit a three-year high. The rise is attributed to expectations of a favorable regulatory environment for cryptocurrencies under Trump's leadership. Trump's campaign included support for digital assets, promising to make the U.S. a hub for cryptocurrency. Pro-crypto candidates won key elections, and Trump has plans for a new crypto business, World Liberty Financial.