The payments coin XRP surged 11%. The decentralized finance token tied to Cardano rocketed 40%. Memecoins dogecoin and Shiba Inu coin soared 17% and 31%, respectively. "Crypto is poised to enter a golden era," Alex Thorn, head of research at Galaxy Digital ...

During the previous U.S. presidency, an unexpected cryptocurrency shook the market and surprised investors. Now, with new political changes on the horizon, the big question is: which digital coin will lead the way this time?

Bitcoin has hit $80,000 for the first time as Donald Trump recorded victories in Nevada and Arizona in the US election, marking a clean sweep of the seven swing states for the president-elect and paving the way for a more pro-crypto administration.

Bitcoin on Sunday hit a new record above $80,000. The world’s largest cryptocurrency surged in the run-up to Tuesday’s US presidential election, rose sharply immediately on election night after it became clear Donald Trump would win and has continued rising in the days since his victory.

The cryptocurrency rose by 4.5 per cent on the day to reach its highest-ever price - the equivalent of £61,943.49.