Bitcoin on Monday hit a new record above US$80,000 (NZ$136,355). The world’s largest cryptocurrency surged in the run-up to last week’s US presidential election, rose sharply immediately on election night after it became clear Donald Trump would win the US presidency.
What’s Trump done to affect Crypto?
Trump was once a bitcoin sceptic, once saying it “was based on thin air,” but in recent months he has fully embraced crypto.