Bitcoin refreshes record by surpassing 81 thousand dollars, 82 thousand dollar target in sight

Bitcoin has broken its all-time record by surpassing 81 thousand dollars and continues its upward trend. The rapid rise that began following Donald Trump's re-election as president has been carried to new heights by the impact of the US Federal Reserve's interest rate cut decision. All eyes in the cryptocurrency market are now focused on 82 thousand dollars.

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Bitcoin refreshes record by surpassing 81 thousand dollars, 82 thousand dollar target in sight

Bitcoin started the day above $81,000 after seeing consecutive record levels over the weekend.

Bitcoin refreshes record by surpassing 81 thousand dollars, 82 thousand dollar target in sight

Bitcoin, the largest asset in the crypto market, renewed its all-time high following Donald Trump's re-election as US president.

Bitcoin refreshes record by surpassing 81 thousand dollars, 82 thousand dollar target in sight

Furthermore, it reached an all-time high of over $81,891 following the Fed's decision to cut the policy rate by 25 basis points in its first meeting after the US elections.

Bitcoin refreshes record by surpassing 81 thousand dollars, 82 thousand dollar target in sight

HOW MUCH IS BITCOIN?

The fact that presidential candidate Donald Trump, who stands out with his pro-crypto rhetoric, was leading the US elections had given momentum to Bitcoin.

Bitcoin refreshes record by surpassing 81 thousand dollars, 82 thousand dollar target in sight

Trump's victories in states with high delegate counts on November 5 also led to rapid rises in crypto asset markets.

Bitcoin refreshes record by surpassing 81 thousand dollars, 82 thousand dollar target in sight

Bitcoin price, which is now approaching the $82,000 threshold, has risen 16.9 percent in the last month, 39 percent in the last 3 months, 29.8 percent in the last 6 months, and 95.3 percent since the beginning of the year.

Bitcoin refreshes record by surpassing 81 thousand dollars, 82 thousand dollar target in sight