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🥳 Crypto Celebrates Trump Victory 

Word On The Street: The crypto community is celebrating the victory of President Donald Trump in the 2024 U.S. presidential election as Bitcoin hit new ATH.

The details:

• On election night, Nov. 6, Trump, the Republican nominee, declared victory with a message of renewal, pledging to lead the nation into a "golden age."

• Throughout his campaign, he presented himself as pro-crypto, promising to "end the war on crypto" and make the U.S. the "crypto capital of the planet."

• A roster of prominent figures in the crypto space threw their support behind Trump’s campaign, from Cardano founder Charles Hoskinson and BitGo CEO Mike Belshe to Tron’s Justin Sun and Bitcoin Foundation founder Charlie Shrem.

Why it matters: In response to the election momentum, Bitcoin achieved record-breaking highs, briefly reaching $75,000 on Nov. 6. "We have the first Bitcoin President going to the White House," remarked crypto influencer Anthony Pompliano, commenting on Bitcoin’s new peak.

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