Bitcoin price tops $81,000 for first time amid ‘Trump pump’

2 days ago 27

Traders hope president-elect will favour cryptocurrencies when he returns to the White House

The price of bitcoin has risen above $81,000 for the first time as the it benefited from traders’ hopes that Donald Trump will favour cryptocurrencies when he returns to the White House.

Bitcoin touched a record high of $81,899, before dropping back to about $81,100, a gain of about 2.7% on Monday. The price has more than doubled from about $37,000 12 months ago.

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