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Bitcoin Surges Past $81,000 As Trump’s Election Fuels Crypto Rally

by THEFUTURE.TEAM

Bitcoin soared to a record high of $81,899, marking a new milestone for the cryptocurrency sector following the election of Donald Trump as U.S. president, as well as the success of several pro-crypto candidates in Congress. The top cryptocurrency has more than doubled since its yearly low of $38,505, and it currently sits around $81,572. Trump’s campaign rhetoric included strong support for digital assets, with promises to make the U.S. the “crypto capital of the planet” and to amass a national bitcoin reserve.

The so-called “Trump trades” have sparked a significant rally in cryptocurrencies, with analysts like City Index’s Matt Simpson noting the continued strength of this “Trump-pump.” Market sentiment has also been boosted by the prospect of regulatory relaxation, particularly as Trump has pledged to replace SEC Chair Gary Gensler, who has taken a tough stance on crypto regulation.

Crypto-focused congressional candidates have seen major successes, with the industry investing over $119 million in their campaigns. Notably, anti-crypto Senator Sherrod Brown lost his seat, while several pro-crypto candidates won across key states like Michigan and Alabama.

Trump has signalled personal interest in the sector by launching a crypto-related business, World Liberty Financial, while key allies like Elon Musk continue to champion digital currencies. Eric Trump, the president-elect’s son, will also be a keynote speaker at an upcoming Bitcoin conference in Abu Dhabi. The rally has extended beyond Bitcoin, with Ether rising above $3,200 and Dogecoin reaching a three-year high.

Bitcoin Surges 23% In A Week As Investor Optimism Returns

by News Editor

Bitcoin was on track for a weekly gain of around 23% on Friday as a series of positive macroeconomic and policy developments boosted investor sentiment.

The cryptocurrency was trading about 6% higher at roughly $77,000, up from around $62,800 at the start of the week. Crypto-related stocks also rallied, with Coinbase and Circle gaining more than 9%, while Strategy rose 7%.

Macro Factors Fuel Rally

Bitcoin’s latest surge began Wednesday after Treasury yields fell sharply following a major intervention by the U.S. Treasury in the bond market. Lower yields eased pressure on risk assets and helped trigger a broader move into cryptocurrencies.

The rally was further amplified by a major short squeeze. Around $2.7 billion in crypto short positions were liquidated, according to CoinGlass.

Max Stuedlein, head of Partnerships at Sygnum APAC, said the move reflected an alignment of macroeconomic and policy catalysts, including the Treasury’s decision to increase buybacks of longer-dated government debt.

Clarity Act Boosts Sentiment

Investor confidence improved further on Thursday as the White House and crypto industry leaders made a final push to advance the Clarity Act in the coming weeks.

The legislation is widely viewed as a potential catalyst for the crypto market, although its chances of passing remain relatively limited.

Despite the rally, bitcoin remains well below its 2026 high of $94,820 reached in January and its all-time high of $126,198, set last October.

Analysts See More Volatility Ahead

Lucy Gazmararian, founder and managing partner at Token Bay Capital, said the crypto market may be approaching the end of its bear cycle.

She expects bitcoin could experience one more decline of around 20% before the market turns, pointing to historical cycles and the recent liquidation of heavily leveraged short positions.

Gazmararian also described bitcoin as a long-term hedge against monetary debasement, while warning that its short-term price remains highly volatile and driven by market cycles.

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