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 hit $80,000 for the first time, as investors continued to digest the implications of a second term for President-elect Donald Trump. Bitcoin has been deemed a safe asset regardless of the outcome of the election.

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.

Bitcoin has broken the price record for the second time in a week. Today it costs about $80,000, according to Binance. Bitcoin started to rise in price after Donald Trump's victory in the US election,