Bitcoin Soars as Trump Win Boosts Crypto Prospects
November 11, 2024
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1:00Now PlayingBitcoin Soars as Trump Win Boosts Crypto Prospects
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as posted by the channel#Bitcoin rallied past $84,000 for the first time, boosted by President-elect Donald #Trump embrace of digital assets and the prospect of a #Congress featuring pro-crypto lawmakers. #worldnews #crypto
Trump was declared the winner in Arizona, marking a clean sweep of the seven #US battleground states. His decisive victory in the presidential election has prompted celebratory chest-thumping from the digital-asset industry, which spent over $100 million backing a range of crypto-friendly candidates.
The largest token climbed as much as 5.6% to an unprecedented $84,360 in New York. Bullish sentiment lifted smaller coins too, including Dogecoin, a meme-crowd favorite promoted by Trump supporter Elon #Musk the world’s richest man.
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