Bitcoin topped $80,000 Sunday as cryptocurrencies continued to surge following the Nov. 5 elections. President-elect Donald Trump was pro-crypto during the campaign and is expected to offer a friendlier regulatory regime for digital currencies.

Bitcoin prices hit $80,000 for the first time on Sunday. The president-elect has vowed to ease the regulatory burden on crypto and create a reserve to hold the nation’s bitcoin supply.

Bitcoin on Sunday hit a new record above $80,000. The world’s largest cryptocurrency surged in the run-up to Tuesday’s US presidential election, rose sharply immediately on election night after it became clear Donald Trump would win and has continued rising in the days since his victory.