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Bitcoin’s price has surged since Trump’s election – here’s why

By Thomas Gift, Associate Professor and Director of the Centre on US Politics, UCL

Bitcoin has soared to an all-time price high, but will it continue? Advocates of the world’s largest cryptocurrency hope its value will continue to soar when Donald Trump returns to the White House.

After the price of bitcoin surged from approximately US$69,000 (£54,000) the day before the election on November 5 to nearly US$100,000 now.…

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