Bitcoin surges to record high of over $81,000 for first time

Bitcoin soared to record high of over $81,000 on Monday as Donald Trump’s victory in the U.S. presidential election along with pro-crypto candidates being voted to the Congress spurred expectations of a light-handed regulatory environment.

Bitcoin, the world’s biggest and best-known cryptocurrency, has more than doubled from the year’s low of $38,505 it hit on Jan. 23. It was last at $80,829 in Asian hours having touched a record high $81,464 earlier in the session.

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