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Bitcoin Hits $80,000 Milestone for the First Time

  • The price of bitcoin surged past $80,000 for the first time ever as investors reacted to the U.S. federal election outcome.
  • Bitcoin reached a new all-time high of $81,500 on November 10.
  • Experts attribute the price fluctuations to the impact of political events, with investors considering Donald Trump as a crypto-friendly choice.
  • Investment in cryptocurrencies was boosted by corporate tax cuts during the previous Trump administration.

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