Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Technology
Holly Williams

Trump rally sees Bitcoin jump to new record above 81,000 dollars

British banks could face criticism if they follow in the footsteps of JP Morgan’s Chase which moved to block cryptocurrency payments for its UK customers (Alamy/PA) -

The price of Bitcoin has surged past the 81,000 US dollar (£63,000) mark for the first time as the cryptocurrency continues to rally higher after Donald Trump’s victory in the US election last week.

The world’s biggest cryptocurrency has soared since Mr Trump’s election win, sailing past the new record milestone on the prospect of a Republican-led congress with pro-crypto politicians.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.