US Elections: Bitcoin surges past $75,000; here’s what Trump’s victory could means for crypto world
Bitcoin prices soared more than 10 per cent on Wednesday as the largest crypto asset scaled the $75,000 mark for the first time, hitting all new highs amid the euphoria of Donald Trump’s victory in the US election 2024. However, these are initial signals but the Republican Party’s win is seen as a big positive for the crypto industry.
Crypto investors have been eagerly awaiting the presidential election for months, convinced that a victory for the former President Donald Trump would be good for Bitcoin and other digital assets. Earlier this year in the Bitcoin 2024 conference, Trump promoted himself as a crypto believer, raising hopes that a Republican victory shall support the digital currencies.
Since its inception in 2009,…
