Bitcoin has reached its highest value in history

The world’s largest cryptocurrency, bitcoin, reached a record value of $80,000 on Sunday. The growth of bitcoin came in the wake of the presidential elections in the USA and it jumped sharply during the election night, at the moments when it was clear that Donald Trump would be the new/old American president, reports CNN. .

This cryptocurrency recorded a growth of 80% this year, while also outperforming the S&P 500 index, which rose 25.7%.

Numerous experts, but also the crypto industry itself, believe that Trump’s victory in the elections was a positive sign for all digital currencies.

Unlike previous years, Trump has changed his attitude towards cryptocurrencies, primarily because he himself has a stake in them. In September, together with his children, he started a new crypto business called World Liberty Financial.

– She is very young and growing very fast. I believe in it – Trump said about the cryptocurrency industry on September 16 at the presentation of World Liberty Financial.

In August, because Trump said that cryptocurrencies can define the future. In addition, he proposed the creation of a strategic national reserve of bitcoins, similar to the way they have oil reserves.