Bitcoin (BTC) Soars to a New All-Time High of $81,500, Following the Recent Election Victory of Former President Donald Trump

This price surge also positively impacted other major cryptocurrencies, including Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC), all showing strong gains.

Bitcoin price today: Surging to a new peak, BTC price crossed the $81,000 mark following former President Donald Trump's US election victory. This price surge also positively impacted other major cryptocurrencies, including ETH, XRP, SOL, and LTC, which showed strong gains. CoinMarketCap's Market Fear & Greed Index indicated high investor confidence, with the market sentiment clocking in at 79 out of 100 (Greed). Among the top performers, CRONOS experienced a 24-hour increase of over 32 percent, while Raydium experienced a dip of nearly 4 percent following a substantial rally.

Coin prices today: Surging to a new peak, Bitcoin price crossed the $81,000 mark following former President Donald Trump's US election victory. This price surge also positively impacted other major cryptocurrencies, including Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC), which showed strong gains. CoinMarketCap's Market Fear & Greed Index indicated high investor confidence, with the market sentiment clocking in at 79 out of 100 (Greed). Among the top performers, CRONOS experienced a 24-hour increase of over 32 percent, while Raydium experienced a dip of nearly 4 percent following a substantial rally.

Dogecoin price today: Dogecoin is seeing impressive gains this Sunday morning, surging 20.5 per cent in value against the U.S. dollar as of 9:44 am EDT. The broader meme coin market is also experiencing an upswing, rising 18.9 per cent over the past 24 hours and reaching a collective valuation of over $90 billion, according to CoinGecko. With Dogecoin (DOGE) alone accounting for $36.17 billion of this total, the popular cryptocurrency now ranks as the seventh-largest digital asset by market capitalisation this weekend.

CoinMarketCap data showed that XRP price today also experienced a slight increase, rising by 1.2 per cent over the past 24 hours, bringing its price to $0.8068 at the time of writing. This comes as Ripple CEO Brad Garlinghouse recently shared his thoughts on the possible impact of President-elect Donald Trump’s administration on cryptocurrency regulations. Garlinghouse expressed his belief that changes under the new administration could significantly shift regulatory approaches in the US.

Edul Patel, Mudrex Co-founder and CEO, told ABP Live, "Bitcoin closed out an eventful week by reaching a new all-time high of $81,600 over the weekend. The post-election rally, driven by significant ETF inflows, is indicating good momentum in the market. We can observe that institutional investors have been participating in this bull run, but retail investors are yet to enter the market. So, if retailers participate we could see BTC hitting the $100K mark soon."

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