**Crypto Market Surges Following US Presidential Election Results**

The price of Bitcoin has seen a significant surge, jumping by 10% on election night and hitting a record high of $89,000. This increase follows the victory of Donald Trump in the US presidential election. The cryptocurrency market has also seen a 45% rise since mid-October.

Source: https://www.economist.com/finance-and-economics/2024/11/12/why-crypto-mania-is-reaching-new-heights