As bitcoin hits record high, crypto traders ‘confident’ on Trump promises
Bitcoin (BTC-USD) broke above $75,000 early Wednesday morning — a record high — as the crypto space rallies on Donald Trump’s victory in the 2024 presidential election, an upward trend overtaking equity markets as well. Bitcoin was considered to be a part of the “Trump Trade” as holders backed the likelihood of a second Trump presidency in the lead-up to the election.
Morning Brief welcomes on Axios crypto reporter Brady Dale to speak more about President-Elect Trump’s relationship with the crypto community.
“The first thing is probably he’s going to get a new SEC [Securities and Exchange Commission} chair, someone else who is not going to be quite so hostile to the industry, isn’t going to sue all of the best companies in…
