This election cycle, the crypto industry poured over $100 million into races across the country, hoping to assert crypto’s relevancy as a voter issue and usher pro-crypto candidates into office. On Wednesday morning, almost all of the industry’s wishes came true. Republican candidate Donald Trump, who has lavished praise upon Bitcoin this year, won handily against his Democratic opponent Kamala Harris. And crypto PACs scored major wins in House and Senate races—most notably in Ohio, where Republican Bernie Moreno defeated crypto skeptic Sherrod Brown.
As Trump’s numbers ascended on Tuesday night, Bitcoin hit a new record high, topping $75,000. Crypto-related stocks, including Robinhood Markets and MicroStrategy, also leapt…
