Trump Triumph Sends Bitcoin Soaring, Crypto Lobbyists Wins Big
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Trump’s win sent crypto flying.
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Bitcoin Soars Following Big Trump Win
Bitcoin quickly set multiple all-time highs in the days following Trump’s historic reelection. As of mid-day Friday, the asset is trading at $76,336, good for an 11% gain this week. The sudden surge arrested a sluggish pattern for the asset, which had been in a slow decline since March when the euphoria from the launch of the spot bitcoin ETFs initially wore off. The asset is currently in uncharted territory, as it had run up against a wall around $72,000 multiple times in recent years but…
