Bitcoin has smashed through the $80,000 barrier for the first time, following Donald Trump's reelection as U.S. President. On November 10, Bitcoin surged nearly 4.5% to a record $80,116, with other cryptocurrencies like Ether and Dogecoin also seeing gains.

Trump's pro-crypto stance, including plans for a strategic Bitcoin reserve, has fueled this rally. Bitcoin has outperformed stocks and gold in 2024, driven by demand for U.S.-based ETFs and interest rate cuts. Analysts are now eyeing $100,000 as the next milestone, predicting continued momentum in the market.