Trump Presidency Unlocked $800 Billion for US Crypto, Says Ripple CEO as ADA, SOL, and XRP Eye Golden Era ⋆ ZyCrypto
Advertisement
 
 
Shortly before Donald Trump was officially announced to be the next president of the United States of America on November 6, 2024, the entire crypto market started to heat up. Bitcoin rallied to its new ATH above $93,000 on November 14 in proximity of the psychological $100,000 level.
The optimism comes from investors who believe that Trump’s administration is favorable to cryptocurrencies and other policies, such as reducing the corporate tax rate from 21% to 15%.
Ripple CEO Brad Garlinghouse said this wave of optimism has contributed $800 billion to the U.S. crypto market.
Ripple CEO Credits Trump for Crypto Boom
During an interview with Fox Business, Garlinghouse…