Bitcoin breaks $81,000 for first time on Trump trades; UK government sells £1bn of NatWest shares – business live

November 11, 2024 Leave a Comment

Cryptocurrency more than doubles since January on hopes of lighter regulation; latest share sale takes UK Treasury’s holding in NatWest to 11.4%

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.

Bitcoin has soared to a new record high of more than $81,000, following Donald Trump’s victory in the US presidential election last week and the election of some pro-crypto candidates to Congress.

Bitcoin’s Trump-pump is alive and well… with Republicans on the cusp of taking the house to confirm a red wave in Congress, it seems the crypto crowd are betting on digital-currency deregulation.

8.10am GMT: ECB policymaker Elizabeth McCaul speech

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