What Trump’s presidential win means for crypto

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Donald Trump’s shock landslide victory in the 2024 United States Presidential Election has been hailed as the biggest political comeback of all time by many. And it also appears to be a big win for the crypto industry in the US and further afield.

Bitcoin (BTC) achieved a record-breaking valuation of $75,389 on Wednesday as crypto traders looked to capitalize on the big news. Ethereum (ETH) also grew by 6.3% to trade at $2,590, another clear sign that the crypto markets are backing Trump as the US…

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