Bitcoin nears $90,000 as Crypto market exceeds pandemic-era peak

Bitcoin surged past $89,000, reaching a new all-time high following Donald Trump’s US election victory. Trump’s pro-crypto stance, including plans for a US Bitcoin stockpile, fueled a 32% surge in Bitcoin’s value since the election. This surge propelled the total crypto market value past its previous peak, reaching $3.1 trillion. Trump has vowed friendlier crypto rules and his Republican Party is tightening its grip on Congress to push through his agenda.