Trump May Be Good for Crypto — But Bad for Bitcoin

Published on November 13, 2024

The price of Bitcoin has jumped by more than $20,000 since the Nov. 5 elections in the US, with about one-third of the gains coming with favorable early results for Republicans, and the rest trickling in as Donald Trump’s victory became certain and his party continued to pick up seats in the Senate and House of Representatives.

Continue reading on website
Other news

Wall Street Sees Dollar Soaring More, But Splits on How Much

November 13, 2024
The US dollar’s rally is gaining momentum alongside Donald Trump’s threat of sweeping tariffs, leaving currency strategists in agreement it has further to rise while war-gaming just how far it will go.

Bitcoin Rises Above $90,000 as Rally Resumes on Trump Optimism

November 13, 2024
A surge in Bitcoin that paused earlier Wednesday is regaining steam, sending the original cryptocurrency above $90,000 for the first time, as traders assess the remaining market impact of President-elect Donald Trump’s rhetorical support for crypto.