A Look At His Crypto Policies
Donald Trump has been elected as the 47th President of the United States, defeating his Democratic opponent Kamala Harris.
Trump’s victory propelled Bitcoin (CRYPTO: BTC) to a new all time high of $75,358 on Wednesday morning, driven by market excitement over the election outcome and expectations for a more favorable cryptocurrency policy under the new administration.
Ethereum (CRYPTO: ETH) followed with a 7.5% increase, while the overall crypto market cap rose by 5.7% to $2.3 trillion.
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Trump’s victory brings renewed focus to his stance on cryptocurrency, which has evolved significantly in recent years.
Trump and Vice President Harris have outlined differing approaches to digital asset regulation, creating…