Key Takeaways
- Bitcoin has reached a new all-time high of $88,063 on Binance, driven by the US presidential election outcome and promises of a national Bitcoin reserve.
- The rally is expected to continue with regulatory support from the new administration.
- Investors are optimistic about the future of Bitcoin, citing the potential for a national Bitcoin reserve and increased regulatory support.
Moscow: Bitcoin continues its rally, hitting a new all-time high above $88,000, trading data shows.
As of 21:36 GMT Monday, bitcoin was trading at $88,063 on the largest cryptocurrency trading volume Binance.
Donald Trump‘s victory in the US presidential election last week has driven the Bitcoin rally. During his campaign, Trump promised to create a national Bitcoin reserve and appointing regulators to support the industry.
