Bitcoin Surges to New Record High Post-Trump Win

Following Donald Trump's re-election as President, Bitcoin hit a record high of $87,000, driven by expectations of a pro-crypto administration and reduced regulatory barriers. U.S. stocks, including the S&P 500 and Dow Jones, also experienced gains, with companies like Tesla benefiting under Trump's administration. The broader cryptocurrency market, including Ethereum and Dogecoin, gained momentum due to the favorable political climate. Investors are optimistic that Trump's policies, such as establishing a strategic bitcoin reserve, will bolster the U.S. as a leader in digital assets, despite ongoing market volatility.