Bitcoin hits $80,000, record high

Cryptocurrencies continued their rally on Sunday, with bitcoin reaching a record high of $80,000.

Bitcoin was up 4.5%, trading at $79,800, while Ether rose 3% to $3,203.

Smaller coins saw even bigger gains, including XRP (+11%), Cardano’s decentralized finance token (+40%), and memecoins dogecoin (+17%) and Shiba Inu (+31%).

Analysts believe the pro-crypto stance of President-elect Donald Trump’s administration could drive further growth in the sector, CNBC has reported.

read more: https://www.cnbc.com/2024/11/10/crypto-market-today.html

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