Bitcoin has rallied past $81,000 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 U.S. 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.
The largest token climbed as much as 6.1% on Sunday, before extending the gain to an unprecedented $81,497 early in the Asian day on Monday. Bullish sentiment lifted smaller coins too, including a surge in Dogecoin, a meme-crowd favorite promoted by Trump supporter Elon Musk.
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