The week has been a whirlwind of cryptocurrency news, with El Salvador’s Bitcoin gamble paying off and Standard Chartered predicting a massive surge in the digital assets market. Meanwhile, Detroit is set to become the first major U.

Bitcoin (BTC-USD) had a massive week, as the cryptocurrency is set to rise 11% in the period, boosted by Donald Trump's historic win in the U.S. presidential election.  The world's oldest digital currency had been hovering in and out of the $70K mark since last week,

Bitcoin hit $80,000 for the first time, as investors continued to digest the implications of a second term for President-elect Donald Trump. Bitcoin has been deemed a safe asset regardless of the outcome of the election Smaller coins,

Bitcoin (CRYPTO: BTC) was the biggest winner from a valuation perspective, climbing 11.3% in the past week as of 3 p.m. ET to a $1.52 trillion market cap. But Ethereum (CRYPTO: ETH) was up 18%, and Dogecoin (CRYPTO: DOGE) jumped 22.

President-elect Donald Trump's favorability toward cryptocurrencies has invigorated the market and led to an influx of capital. On Sunday, the price of Bitcoin, the most popular virtual currency, briefly surpassed $80,