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Söndag, 8 November, 8:27

ETF-marknaden12 nov 24 kl. 17:00

Post-election recap: Three takeaways for crypto investors

Donald Trump
Donald Trump · Foto: Wikimedia Commons


One week after the US elections, bitcoin has been hitting new all-time highs. This price action reflects the fact that the results were an ideal outcome for bitcoin and other crypto assets—with both a pro-crypto president and Congress set to take the reins of the US government in January.
The support for crypto was overwhelming. There were 268 Congressional candidates and 19 candidates for the Senate that were elected and are considered pro-crypto, according to Stand with Crypto. This included the election of 50 of 58 candidates supported by the crypto industry.
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