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Crypto helped Trump win the White House, and WA congressional candidates
Manage episode 448999075 series 3303135
U.S. stocks soared after Donald Trump clinched the presidency early Wednesday morning.
And another market jumped to a record-high as well: cryptocurrency.
The price of Bitcoin has topped $76,000 as of Thursday morning, and behind this record breaking value is a belief from digital currency enthusiasts that the president-elect will roll back Biden-era regulations on cryptocurrency.
And the crypto-industry was far from a passive observer in this year’s election. It spent more than a hundred million dollars on candidates who took cryptocurrency-friendly stances, including here in Washington State.
Guest:
- Brady Dale, crypto reporter for Axios
Related links:
- Bitcoin traders' next mark: bitcoin at $100,000 - Axios
- The big moments in Biden's crypto crackdown - Axios
- Crypto cash helps propel Trump, other allies to 2024 election victory - The Washington Post
- Wealthy industry donors fuel Trump's conversion on cryptocurrency - The Washington Post
- Bitcoin Surges to Record as Crypto Investors Cheer Trump Win - The New York Times
See omnystudio.com/listener for privacy information.
890 episod
Manage episode 448999075 series 3303135
U.S. stocks soared after Donald Trump clinched the presidency early Wednesday morning.
And another market jumped to a record-high as well: cryptocurrency.
The price of Bitcoin has topped $76,000 as of Thursday morning, and behind this record breaking value is a belief from digital currency enthusiasts that the president-elect will roll back Biden-era regulations on cryptocurrency.
And the crypto-industry was far from a passive observer in this year’s election. It spent more than a hundred million dollars on candidates who took cryptocurrency-friendly stances, including here in Washington State.
Guest:
- Brady Dale, crypto reporter for Axios
Related links:
- Bitcoin traders' next mark: bitcoin at $100,000 - Axios
- The big moments in Biden's crypto crackdown - Axios
- Crypto cash helps propel Trump, other allies to 2024 election victory - The Washington Post
- Wealthy industry donors fuel Trump's conversion on cryptocurrency - The Washington Post
- Bitcoin Surges to Record as Crypto Investors Cheer Trump Win - The New York Times
See omnystudio.com/listener for privacy information.
890 episod
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