Bitcoin and Ether surge as Trump embraces crypto industry

Bitcoin and Ether have both experienced significant surges in value, with Bitcoin reaching a new all-time high of $81,858 and Ether surging by 28.7% to $3,165. The recent rally is attributed to the election of pro-crypto candidates and President-elect Donald Trump's promises to support the industry. Other tokens and shares of crypto firms have also seen a boost in value since the election, and Trump's anticipated crypto-friendly policies are expected to further benefit the industry. Former President Donald Trump has shifted his stance on the crypto industry, now embracing it as a counter to regulatory approaches under President Joe Biden and pledging to make the US the "crypto capital of the planet."