Cryptocurrencies

Bitcoin Soars Above $82,000 as Trump Win Boosts Crypto Prospects

President-elect Trump’s crypto ardor is energizing the market
Digital-asset traders predict a friendlier regulatory backdrop

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Trump Win Optimism Pushes Bitcoin to New Highs

WATCH: Angelina Kwan, CEO of consulting firm Stratford Finance, says bitcoin’s rally is a “vindication” and affirmation that digital assets are an asset class for the present and future.Bloomberg: The China Show.”

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By Sidhartha Shukla

November 10, 2024 at 3:33 PM GMT+9

Updated on

November 11, 2024 at 9:53 PM GMT+9

Bitcoin rallied past $82,000 for the first time, boosted by President-elect Donald Trump’s embrace of digital assets and the prospect of a Congress featuring pro-crypto lawmakers.

Trump was declared the winner in Arizona, marking a clean sweep of the seven US battleground states. His decisive victory in the presidential election has prompted celebratory chest-thumping from the digital-asset industry, which spent over $100 million backing a range of crypto-friendly candidates.

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