Bitcoin at all-time record high: Bitcoin broke a new all-time record of over $81,000 in support of the newly elected President of the United States. donald trump’s victory and his clear support for the digital asset, Bloomberg reports.
Ahead, crypto It added that markets are bullish on the possibility of the presence of pro-crypto lawmakers in the Trump-era US Congress.
As of 9.05 am on November 11 (IST), the world’s largest cryptocurrency Was tracked at the level of 81,156.62. This is the second consecutive record level for Bitcoin, which had reached the level of 80,000 for the first time on November 10.
On November 6, a day after Trump’s victory in the 2024 US presidential election kamala harris announced, the token reached $75,000, surpassing its previous all-time high of $73,797.98 set in March 2024.
Trump wave boosts crypto growth
Trump is seen as a crypto supporter. During his first presidential term he called for cryptocurrencies to be “scam”, but during his campaign for re-election he has reversed position on this. He also launched his own platform for the unit, AFP reports.
The Republican candidate has promised to make America “Bitcoin And the cryptocurrency capital of the world” and according to the report, Tesla founder and CEO Elon Musk has been put in charge of a comprehensive audit of government waste.
Trump announced in September that he would team up with his sons and entrepreneurs to launch a digital currency A platform called World Liberty Financial. Its sales have been on the decline since earlier this month, with only a small portion of its tokens hitting the market to find buyers, the agency reported.
