Urgent.. Bitcoin jumps by about $6,000 and heads towards a new record high.

The price of Bitcoin surged during trading on Monday, continuing its rise for the seventh consecutive session, surpassing its all-time highs and trading around the level of $86,000.

The record rise in the cryptocurrency market and the historical peaks of Bitcoin highlight optimism in the crypto sector regarding the recovery of digital assets during the term of elected President Donald Trump.

In this regard, some analysts noted that Donald Trump’s victory in the U.S. presidential elections marks the beginning of a golden age for the cryptocurrency market and for the entire blockchain sector, especially since Trump’s campaign was not lacking in supportive proposals for the crypto sector.

In this context, Jeff Kendrick, head of foreign exchange research at Standard Chartered, believes that Bitcoin is likely to see more increases soon, suggesting that the next target for the largest cryptocurrency by market capitalization is $90,000, which could be easily achieved before November 29.

In terms of trading, Bitcoin jumped by approximately $5,784.08 or 7.20%, trading near the level of $86,138.84 (according to coinbase.com).