Bitcoin rallied past $80,000 for the first time, boosted by President-elect Donald Trump’s embrace of digital assets and the prospect of a Congress featuring pro-crypto lawmakers.

Bitcoin jumped nearly 8% in early trading, climbing above $75,000 and smashing its previous record set in March. Other cryptocurrencies also soared, including ether, the world’s second most popular cryptocurrency after bitcoin, which rallied 8%.

Donald Trump's return to the White House is seen as a positive development for crypto regulation and the potential development of a strategic bitcoin stockpile.

Bitcoin crossed $80,000 for the first time, boosted by President-elect Donald Trump's embrace of crypto assets and expectations of a friendlier regul

Bitcoin surged to a record of more than $75,000, as cryptocurrency investors celebrated President-elect Donald J. Trump’s prospects after his decisive win on Wednesday.

Bitcoin hit a record high as investors cheered Trump's election victory on Wednesday. Crypto players are hopeful that Trump's presidency will boost digital assets. Other Trump trades, including bank shares and Tesla stock, also rallied in Wednesday trading.

Bitcoin on Sunday hit a new record above $80,000. The world’s largest cryptocurrency surged in the run-up to Tuesday’s US presidential election, rose sharply immediately on election night after it became clear Donald Trump would win and has continued rising in the days since his victory.

(Reuters) -Bitcoin was trading near record $80,000 on Sunday after hitting it earlier in the session, following Donald Trump's decisive victory in the U.S. presidential election earlier in the week. Bitcoin,

The price of bitcoin reached a record high Sunday, continuing its post-election surge as President-elect Donald Trump has promised to bolster the industry.

Bitcoin briefly topped $80,000 Sunday amid a continued Donald Trump crypto run, good news for Robinhood and others. Is $100K coming soon?