currencyjournals — Bitcoin hit a brand new all-time excessive Sunday night, briefly surpassing key ranges, extending its current gorgeous rally following Donald Trump's election as U.S. president and transferring towards friendlier situations. This has sparked expectations for brand new digital forex rules.

It rose practically 6% to a document excessive of $81,373.5 earlier than settling round $80,362.9 by 18:16 ET (23:15 GMT).

The world's largest cryptocurrency has languished together with the broader crypto market since Trump's election victory final week. The president-elect has vowed to make the US the “crypto capital” of the world.

Bitcoin is up about 10% over the previous week and is buying and selling up 91% to this point in 2024.

The world's second-largest cryptocurrency rose 1.8% to $3,190.0, its highest stage in three months.