Donald Trump has clinched victory in the 2024 U.S. presidential election, marking a return to the Oval Office. Meanwhile, Bitcoin briefly crossed $75,000 on Monday morning, setting a new all-time high. The crypto community is buzzing, with celebrations sweeping across forums and social media, hailing Trump’s win as a potential boon for Bitcoin’s future.

Bitcoin advocate and MicroStrategy (MSTR+7.26%) founder Michael Saylor posted on X: “We have a #Bitcoin President.” The stock of MicroStrategy was up nearly 10% on Wednesday morning.

Throughout his campaign, Trump took an unprecedented pro-Bitcoin stance, championing the digital currency as a symbol of…