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Bitcoin hits $80,000 for first time on Trump optimism

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. The cryptocurrency climbed as much as 4.7% to an unprecedented $80,092 on Sunday.

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Trump vowed on the campaign trail to put the US at the centre of the digital-asset industry, including creating a strategic Bitcoin stockpile and appointing regulators enamoured with digital assets.


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