Bitcoin Booms as Prices Reach Record High Post Trump Election Victory
Since Donald Trump’s recent victory in the U.S. presidential election, Bitcoin prices have been steadily climbing, breaking new records daily. On Tuesday, Bitcoin reached a peak of $89,637, according to Reuters. This marked a more than 30% increase in the cryptocurrency’s value since Election Day on November 5.
Investors are optimistic that the Trump administration will adopt more crypto-friendly policies, especially after Trump recently voiced support for cryptocurrencies.
