Reports we just received indicates Bitcoin is highly on the rise and has surpassed $80,000 for the first time ever.
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The same source made it known that Bitcoin will continues to skyrocket and that is because it has been boosted By #Trump’s 2024 Election win and commitment to crypto.
The world’s largest cryptocurrency surged in the run-up to Tuesday’s United States presidential election.
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However it rose immediately on election night after it became clear that Donald Trump would win and has continued rising in the days since his victory.
Bitcoin is up 80% this year, dwarfing the S&P 500’s still-electric 25.7% gain this year. After briefly touching the $80,000 milestone, bitcoin was trading just below it Sunday mid-morning.
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The crypto industry believes Trump’s victory is a bullish sign for bitcoin and other digital currencies. Although Trump was once a bitcoin skeptic, once saying it “was based on thin air,” he has fully
embraced crypto in recent months – unlike the Biden administration, which has sought to rein in crypto.
