Bitcoin reaches new record high near $90,000 following Trump’s reelection

Bitcoin reached a new record high, peaking at nearly $90,000, following Donald Trump's recent reelection. The cryptocurrency's price has surged over 27% in the past week, driven by increased investment and optimism about a more favorable regulatory environment. The rise in Bitcoin's value is linked to the approval of spot Bitcoin exchange-traded funds (ETFs) earlier this year, which have attracted significant inflows. Analysts note that the anticipated changes in U.S. crypto policy under Trump may further boost market confidence. Despite the recent gains, experts caution about the volatility of cryptocurrencies. Investors are advised to only invest what they can afford to lose, as the market can experience rapid fluctuations.