Bitcoin hits $80,000 for the first time

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Bitcoin hits $80,000 for the first time
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Bitcoin soared to a new record high on Sunday, as traders bet that Donald Trump's return to the White House will be good for the cryptocurrency. The

Bitcoin soared to a new record high on Sunday, as traders bet that Donald Trump’s return to the White House will be good for the cryptocurrency.

Bitcoin reached $75,000 on Wednesday, topping its previous all-time peak of $73,797.98 achieved in March. During his first presidency Trump referred to cryptocurrencies as a scam, but has since radically changed his position, even launching his own platform for the unit. Trump announced in September that he, along with his sons and entrepreneurs, would launch a digital currency platform named World Liberty Financial.

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