BITCOIN HITS $80,000 FOR THE FIRST TIME AS CRYPTO TRADERS BASK IN TRUMP ELECTION VICTORY
Bitcoin milestone: Bitcoin hit an all-time high of over $80,000, increasing by 4.5%.
Ether gains: Ether also rose, going up by 3% to over $3,200.
Trump's pro-crypto stance: The surge is linked to Donald Trump’s election win and his supportive approach to digital assets.
Crypto-friendly policies: Trump promised to make the U.S. a "crypto capital" with plans like creating a Bitcoin reserve and appointing crypto-friendly regulators.
Expert view: Alex Thorn from Galaxy Digital said this could be a "golden era" for crypto, expecting Trump's administration to fulfill these crypto-supportive promises.
Market optimism: Traders are hopeful that favorable regulations will boost crypto adoption in the U.S.