Bitcoin crosses $80,000 for the first time as traders bet on Donald Trump's return as US president
Hindustan TimesThe value of Bitcoin soared to a new high as the digital currency surged past $80,000 for the first time in its history on Sunday, news agency AFP reported. Republican presidential nominee and former U.S. President Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, U.S. During his recent presidential campaign, Trump managed to project himself as a pro-cryptocurrency candidate and even pledged to make the US the “bitcoin and cryptocurrency capital of the world.” In July, Trump promised to ensure the US federal government never sells its bitcoin holdings. During the campaign, Trump apparently became the first former president to use Bitcoin to make a purchase, buying burgers at a New York City restaurant, which hailed it as a “historic transaction.” Bitcoin has added almost 91% of its value in 2024.