Bitcoin surpasses $81,000 for the first time following Trump's pro-crypto victory

timesofindia.indiatimes.com

Bitcoin has surpassed $81,000 for the first time, driven by President-elect Donald Trump's pro-crypto agenda. His victory has sparked optimism among investors, leading to a rally in digital assets and record inflows into Bitcoin exchange-traded funds. Trump's campaign promised to position the U.S. as a leader in the digital-asset industry, including plans for a Bitcoin stockpile. This shift contrasts sharply with the previous administration's regulatory crackdown on cryptocurrencies, which faced criticism for its strict approach. The surge in Bitcoin's value reflects a broader market upswing, with institutional investors returning after the election. The recent rally has also boosted smaller cryptocurrencies, indicating a significant change in market sentiment following Trump's election.


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