The pro-crypto nature of his team, family, and donors increases the likelihood that Trump follows through on his campaign promises to the industry." Bitcoin was deemed a safe asset regardless of the outcome of the election — it is not considered a ...

Bitcoin surged to a record of more than $75,000, as cryptocurrency investors celebrated President-elect Donald J. Trump’s prospects after his decisive win on Wednesday.

Donald Trump's return to the White House is seen as a positive development for crypto regulation and the potential development of a strategic bitcoin stockpile.

Bitcoin on Sunday hit a new record above $80,000. The world’s largest cryptocurrency surged in the run-up to Tuesday’s US presidential election, rose sharply immediately on election night after it became clear Donald Trump would win and has continued rising in the days since his victory.

Bitcoin jumped nearly 8% in early trading, climbing above $75,000 and smashing its previous record set in March. Other cryptocurrencies also soared, including ether, the world’s second most popular cryptocurrency after bitcoin, which rallied 8%.

Trump’s current stance on crypto is a major departure from his last term as president. In the summer of 2019, Trump criticized cryptocurrency on social media, claiming it could be used to facilitate illegal activities. And during his presidency, the Trump administration’s regulatory actions included the SEC’s controversial lawsuit against Ripple.

Bitcoin rallied past $80,000 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.

The price of bitcoin reached a record high Sunday, continuing its post-election surge as President-elect Donald Trump has promised to bolster the industry.

Donald Trump projected himself as a pro-cryptocurrency candidate and even pledged to make the US the “bitcoin and cryptocurrency capital of the world”.

Bitcoin briefly topped $80,000 Sunday amid a continued Donald Trump crypto run, good news for Robinhood and others. Is $100K coming soon?