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Bitcoin scales $81,000 mark as Trump's win turbocharges cryptocurrencies

Bitcoin scales $81,000 mark as Trump's win turbocharges cryptocurrencies

FILE PHOTO: A sign is pictured as people attend a crypto conference, Bitcoin 2024 in Nashville, Tennessee, U.S. July 27, 2024. REUTERS/Kevin Wurm/File Photo

Bitcoin soared to a record high above $81,000 on Monday on expectations that cryptocurrencies will boom in a favourable regulatory environment following the election of Donald Trump as US president and pro-crypto candidates to Congress.