Bitcoin reaches record $82,197 following Trump’s election victory

Bitcoin reached a record high of $82,197 on Monday, following Donald Trump's election victory. This marks a significant increase of 19.5% from the previous week, with other cryptocurrencies like Ether also seeing substantial gains. The surge in Bitcoin's value reflects optimism in the crypto market, driven by expectations of pro-crypto policies under Trump's administration. Other tokens, including Dogecoin and Solana, also experienced notable increases, with Dogecoin rising by 83%. Trump's win has led to a wave of support for cryptocurrency in Congress, with many pro-crypto candidates elected. Analysts are now predicting Bitcoin could rise further, with estimates suggesting it may reach between $80,000 and $125,000 by year-end.