Home Business news Bitcoin price tops $82,000 for first time amid ‘Trump pump’

Bitcoin price tops $82,000 for first time amid ‘Trump pump’

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

The price of bitcoin has risen above $82,000 for the first time as it benefited from traders’ hopes that Donald Trump will favour cryptocurrencies when he returns to the White House.

Bitcoin reached a record high of $82,413, before dropping back to about $82,000, a gain of about 2.8% on Monday. The price has more than doubled from about $37,000 12 months ago.

Continue reading…Traders hope president-elect will favour cryptocurrencies when he returns to the White HouseBusiness live – latest updatesThe price of bitcoin has risen above $82,000 for the first time as it benefited from traders’ hopes that Donald Trump will favour cryptocurrencies when he returns to the White House.Bitcoin reached a record high of $82,413, before dropping back to about $82,000, a gain of about 2.8% on Monday. The price has more than doubled from about $37,000 12 months ago. Continue reading…