Traders hope president-elect will favour cryptocurrencies when he returns to the White House
Business live – latest updates
The price of bitcoin has risen above $82,000 for the first time as it benefited from traders’ hopes that Donald Trump will favour cryptocurrencies when he returns to the White House.
Bitcoin reached a record high of $82,413, before dropping back to about $82,000, a gain of about 2.8% on Monday. The price has more than doubled from about $37,000 12 months ago.
