Bitcoin vaults to all-time peak as Trump election raises crypto excitement

2024-11-12 155

Bitcoin vaults to all-time peak as Trump election raises crypto excitement

Bitcoin surges to a record above $87,000 on Nov. 11, 2024 in a blistering rally amid expectations cryptocurrencies will thrive in a favorable regulatory environment following the election of Donald Trump as US president and pro-crypto candidates to Congress. Trump embraced digital assets during his campaign, promising to make the United States the 'crypto capital of the planet' and to accumulate a national stockpile of bitcoin.


REUTERS / BITCOIN.ORG WEBSITE


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