Pro-Trump policies drive growth in young Crypto users and venture capital
Cryptocurrency exchange Bitget has reported a 683% increase in its Gen Z users since Donald Trump’s election victory. At the same time, crypto startups have raised more than $1 billion in venture funding, underscoring growing optimism about the industry’s future under the new administration.
Key takeaways:
- Record User Growth: Bitget’s new Gen Z users grew 683% in November to 844,000.
- Investment Boom: Crypto startups have raised $1.3 billion since the election, including $796 million in November and $511 million in December.
- Political Momentum: Pro-Trump promises of a national Bitcoin reserve and clear regulations are boosting confidence in the market.
Trump’s impact on the Crypto market
The crypto…
