The total value of virtual currency bitcoin is now a very real $1.6 trillion

Bitcoin, the original and biggest cryptocurrency, reached an all-time high on election night itself, and has been pushing the record further in the days since, exceeding a price of $82,000 per bitcoin for the first time ever. It’s never just the biggest boat lifted by the rising tide, however: ethereum is up ~30% since the election, dogecoin has almost doubled over the last week, and shares in crypto-exchange giant Coinbase, which hailed the incoming Congress as the “most pro-crypto Congress in history,” have jumped by over 50% in the last five days (and are soaring again this morning). In fact, almost every bitcoin-linked stock is making gains.

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