Bitcoin reaches all-time high of $82,000 following Trump election victory

Bitcoin reached a record high of $82,000 on November 11, following Donald Trump's election victory on November 6. The price surged nearly $15,000 since November 4, reflecting strong market reactions to Trump's pro-cryptocurrency stance. Trump's campaign promises included making the U.S. "the crypto capital of the planet" and forming a presidential advisory council for cryptocurrency. His plans to support Bitcoin mining and remove the SEC chair have also fueled optimism in the market. Other cryptocurrencies, like Ethereum and Dogecoin, also saw significant gains after the election. The U.S. dollar strengthened against several currencies, reaching a four-month high in exchange rates.