Bitcoin Reaches New Heights Post-Election

Following the 2024 election cycle in the United States, Bitcoin made all-time highs in value.

The cryptocurrency surpassed $100K in value per Bitcoin, according to Yahoo Finance reports.

The currency surged after the victory of former president Donald Trump, who promised to drastically slash regulations on cryptocurrency, making America a leading proponent in the industry.

Also, many of his proposed cabinet members including Howard Lutnick have been strong advocates for advancing cryptocurrency, some even making radical ideas to making them co-official national currencies alongside the U.S. dollar.

The most recent weeks represents some of the greatest periods of volatility in the history of Bitcoin.