Bitcoin hits record high as Trump edges closer to full control of ...

The crypto industry has hailed Donald Trump’s election as a win for digital currencies. Photo / New York Times

Bitcoin has hit US$80,000 (NZ$133,970) 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.

The cryptocurrency rose as much as 4.5%