Bitcoin hits report excessive above $81k as Trump rally persists

starcrypto– Bitcoin briefly hit a report excessive above key ranges on Sunday night, extending a stellar run of current good points after Donald Trump was elected because the U.S. president, sparking hopes of friendlier crypto regulation.

rose practically 6% to a report excessive of $81,373.5, earlier than settling round $80,362.9 by 18:16 ET (23:15 GMT). 

The world’s largest cryptocurrency, together with broader crypto markets, have been on a tear since Trump’s election victory final week. The president-elect had vowed to make the U.S. the “crypto capital” of the world.

Bitcoin had surged some 10% over the previous week, and was buying and selling up 91% thus far in 2024. 

World no.2 crypto rose 1.8% to $3,190.0- a three-month excessive.