Analysis: Bitcoin's first break of $80,000 may be influenced by market optimism about Trump's election

Perhaps boosted by Trump's victory in the election, Bitcoin broke through the $80,000 mark for the first time, up more than 4.0% on the day. During the campaign, Trump vowed to make the United States the center of the digital asset industry, including establishing a strategic Bitcoin reserve and appointing regulators who are keen on digital assets. He is in a better position than expected in the election - his Republican Party controls the Senate and is expected to gain a slim majority in the House of Representatives. (Jinshi)