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The Independent UK
The Independent UK
National
Wyatte Grantham-Philips

Bitcoin has topped $87,000 for a new record high. What to know about crypto's post-election rally

Bitcoin Donald Trump Crypto Cryptocurrency David Glass United States Electricity Mining
Trump Crypto - (Copyright 2024 The Associated Press. All rights reserved)

As money continues to pour into crypto following Donald Trump's victory last week, bitcoin has climbed to yet another record high.

The world's largest cryptocurrency topped $87,000 for the first time on Monday. As of around 3:45 p.m. ET, bitcoin's price stood at $87,083, per CoinDesk, up over 28% in the last week alone.

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