How Trump’s crypto push boosted Bitcoin
Sam Hawley: Once a sceptic, now a convert. Donald Trump is embracing cryptocurrency and making a tidy profit on the side. The president’s newfound love has seen cryptocurrencies like Bitcoin skyrocket in value, and now he’s passing bills through Congress to change the sector entirely. Today, Ross Buckley, a Laureate Fellow and Scientia Professor at the University of New South Wales, on whether it’s still just a bubble waiting to burst. I’m Sam Hawley on Gadigal land in Sydney. This is ABC News Daily. Ross, this month, the cryptocurrency Bitcoin reached an all time high. Just tell me what is going on.
Ross Buckley: Well, we saw a continuation of an incredible increase in Bitcoin’s value throughout this year. It’s now up 25% on where it…
