Bitcoin surpasses $82,000 following Trump's election victory
qz.com —
Bitcoin has reached a new high, surpassing $82,000, following Donald Trump's presidential election win. This marks an 86% increase in value this year and a staggering 113,000% rise since 2013. Investors are optimistic about Bitcoin's future, with some analysts predicting it could exceed $100,000. Following Trump's victory, there was a significant influx of cash into Bitcoin exchange-traded funds, totaling $1.3 billion on Thursday alone. The surge in Bitcoin's price has positively impacted the broader cryptocurrency market. Other digital assets, including Ether and Dogecoin, have also seen substantial gains, contributing to a global crypto market valuation of $2.79 trillion.