Bitcoin just smashed $81,500 as Donald Trump clinched the White House!
But why this surge? The key trigger is the fact that Trump, a former crypto critic, is now digital currency's biggest champion.
And his return to the White House has fuelled a crypto rally! From Bitcoin to
Elon Musk backed Dogecoin, prices are soaring as Trump's pro-crypto position has triggered a market-wide surge.
In fact, just a few week ago Trump's family has even launched its own crypto venture - "World Liberty Financial."
Now adding fuel to this crypto explosion? The expectations of further rate cuts from the US Federal Reserve.
With all factors aligned favourably, some experts expect Bitcoin to soar to 90,000 dollars soon.
What do you think of the crypto rally? Tell us in the comments. And subscribe for the latest on Bitcoin and other cryptocurrencies.