'The Trump Effect' Bitcoin Is All-Time High Again...Over $77,000

Bitcoin, a cryptocurrency market leader, continues its all-time high thanks to the effect of former President Trump's election.

According to the U.S. cryptocurrency exchange Coinbase, the price of each bitcoin was traded at $77,134, up 1.07% from the previous day.

This is the first time Bitcoin has exceeded $77,000.

Bitcoin surpassed $75,000 on the day of the presidential election, breaking the all-time high for the first time in more than seven months, and breaking the $76,000 mark on the 7th.

In anticipation of former President Trump's "friendly virtual currency" policy, funds seem to continue to flow into bitcoin as well as related exchange-traded funds and ETFs.