Why Bitcoin Is Surging to All-Time Highs

Since Donald Trump’s reelection, Bitcoin has surged to its highest value ever, surpassing $89k per coin on Tuesday. It’s a trend playing out across cryptocurrency, an industry that could benefit from deregulation under President Trump.  On today’s Big Take podcast, Bloomberg’s stacy-marie ishmael and David Gura break down whether the recent “melt up” in crypto prices is part another of boom-bust cycle or if the US’s first crypto-friendly president is likely to usher in a new era in digital assets.See omnystudio.com/listener for privacy information.

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The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.