Bitcoin Surges to $80,000, Market Cap Nears $3 Trillion as Crypto Industry Hails Donald Trump's US Presidential Victory

Bitcoin has been surging higher ever since the outcome of US election, where the Republican Party's Donald Trump will be swearing in as the 47th president

Bitcoin price today surged to $80,000 (nearly Rs 64.3 lakhs), marking a major milestone that highlights the digital asset's resilience and acceptance growing in global finance, as per industry executives. The world's largest cryptocurrency has been rallying ever since the outcome of the US election, where the Republican Party's Donald Trump will be swearing in as the 47th president of the United States.

Bitcoin price rose to $80,000 (approximately Rs 64.3 million) today, marking a major milestone that demonstrates the digital asset's durability and acceptance in global finance. The largest cryptocurrency worldwide has been on the rise since the outcome of the US elections, where Donald Trump of the Republican Party will be sworn in as the 47th president of the United States.

Bitcoin rose nearly 6.25 per cent in the last 24 hours to $81,858.29 (nearly Rs 651,330) in the early Asian trading hours on Monday, Gadgets 360 crypto price tracker showed. The largest crypto asset's total market capitalization neared the $1.7 trillion (nearly Rs 136,24,300 crores) mark, thanks to the 20 per cent rise in the digital asset in the last one week.

In the last 24 hours, Bitcoin rose 6.25 percent to $81,858.29 (approximately Rs. 651,330) during early Asian trading hours. The Gadgets 360 crypto price tracker showed this. The total market capitalization of the largest crypto asset has approached $1.7 trillion (approximately Rs 136,243,000 million) thanks to a 20 percent rise in the digital asset in the last one week.

Bitcoin surged from $67,000 (nearly Rs 53.9 lakhs) to $79,900 (nearly Rs 64.1 lakhs) in the past week, breaking multiple all-time highs following Trump's US presidential victory, Edul Patel, Co-founder and CEO at Mudrex told Gadgets 360. Patel sees steady ETF inflows, rising global liquidity, a positive economic outlook, recent rate cuts, and regulatory support as the key factors in the latest crypto rally.

Bitcoin rose from $67,000 (about Rs 53.9 million) to $79,900 (about Rs 64.1 million) last week, breaking multiple all-time highs that followed Trump's US presidential victory. Edul Patel, Co-Founder and CEO at Mudrex, told Gadgets 360 that the key factors in this latest crypto rally are regular ETF inflows, increased global liquidity, a positive economic outlook, recent rate cuts and regulatory support.

“We have large institutional investors accumulating Bitcoin and offering it as an asset to customers in the form of ETFs, a positive regulatory environment and several innovative projects ready to take off. “It's the perfect set up for a bull cycle,” Balaji Srihari, Business Head, CoinSwitch told Gadgets 360.

“Large institutional investors are accumulating Bitcoin and offering it to their clients as an asset in the form of ETFs, there is a positive regulatory environment and several innovative projects ready to take off. A perfect setup for a bull cycle,” CoinSwitch Business Head Balaji Srihari told Gadgets 360.

Bitcoin price rose 5 percent today and the entire crypto market cap reached $2.8 trillion. The price of BNB, the native token of Binance, the largest crypto exchange worldwide, rose 10 percent today, and the token ranks fourth in terms of market capitalization. On the other hand, Dogecoin price increased by 28 percent today and the meme token ranks sixth in terms of market cap.

Bitcoin price increased by approximately 5 percent today, and the entire crypto market value reached $2.8 trillion. BNB price, the native token of Binance, the largest crypto exchange worldwide, increased by 10 percent today and the token

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