Bitcoin continues to surge, hitting $89,000 on Monday, days after Donald Trump was declared the November 5 U.S. presidential election winner.
Bitcoin in th past week rose by more than 20 per cent, hitting $89,174, while Ethereum rose by more than seven per cent to $3,371.79.
Prices of other coins have also shut up as the cryptocurrency market experienced a surge since Mr Trump emerged as president-elect after a landslide victory over Vice-President Kamala Harris in the election.
During his campaign, Mr Trump promised to create a strategic reserve and make the U.S. the “crypto capital of the planet.”
Experts have linked the prevailing bullish crypto market atmosphere to Mr Trump’s victory and his friendly campaign about the currency.
