Bitcoin (CRYPTo: BTC) has reached a new milestone, soaring past $82,000, fueled by optimism over a potentially favorable regulatory environment following Donald Trump’s election as U.S. president. The cryptocurrency has more than doubled from its earlier low of $38,505 this year, peaking at $82,368.
In contrast, Ethereum (CRYPTO: ETH) experienced a slight decline of 0.61%, yet its associated ETFs showed positive movement.
The election of Trump has sparked speculation about a more crypto-friendly regulatory environment, which could pave the way for further adoption and integration of digital currencies.
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