"$100,000 by 2025."—As Dogecoin Soars, Donald Trump and Elon Musk Support Huge Bitcoin Price Predictions

As Donald Trump won the U.S. presidential election, the price of bitcoin skyrocketed, paving the way for a "perfect storm" in the coming weeks.

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As rumors swirl about Tesla entrepreneur Elon Musk's plans to prevent a "financial emergency," the price of bitcoin has shattered its previous all-time high and surged beyond $75,000. Other significant cryptocurrencies have also surged, with the meme-based dogecoin leading the way.

As rumors swirl about Tesla entrepreneur Elon Musk's plans to prevent a "financial emergency," the price of bitcoin has shattered its previous all-time high and surged beyond $75,000. Other significant cryptocurrencies have also surged, with the meme-based dogecoin leading the way.