Bitcoin hits record highs as cryptocurrencies surge after Trump election victory
qz.com —
Bitcoin has reached new record highs, surpassing $82,000, following Donald Trump's presidential election victory. This surge reflects increased optimism among crypto investors, contributing to an 86% rise in Bitcoin's value this year. Ether has also seen significant gains, trading at $3,147, a 27% increase in just one week. The shift in inflows for Ether exchange-traded funds indicates a positive trend in investor sentiment. Dogecoin and Shiba Inu have experienced notable price jumps, with Dogecoin rising 82% to $0.28 and Shiba Inu increasing 48% to $0.00002539. Cardano has climbed over 80% to around $0.5951 amid speculation about its founder's potential role in the Trump administration.