Bitcoin's post-election boom

Julia Shapero

The Hill

0
03.12.2024

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Bitcoin's boost for Trump

Bitcoin has blasted through a series of record highs since President-elect Trump’s election victory, underscoring the anticipation felt among the crypto industry.

The price of one bitcoin has lingered close to $100,000, rising more than 40 percent since the election of Trump, who has pledged to be the most pro-crypto president and make the U.S. the “crypto capital of the planet.”

The expected departure of Securities and Exchange Commission (SEC) Chair Gary Gensler, coupled with Trump’s Cabinet picks, is further fueling excitement among crypto investors, who see greener pastures ahead for the polarizing industry.

“The sense is the new........

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Bitcoin's post-election boom

Julia Shapero

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