12min chapter

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How Trump’s victory sparked a crypto boom

Today in Focus

CHAPTER

Crypto Politics: Bitcoin's Rise amid Shifting Alliances

This chapter explores the dynamic environment of the Bitcoin 2024 event in Nashville and reflects on Donald Trump's evolving stance on cryptocurrency, which has boosted Bitcoin's popularity. It highlights the financial links between the crypto industry and Trump's campaign, pointing at the electoral triumphs supported by crypto funding. Additionally, the chapter examines the regulatory challenges faced by cryptocurrencies under the current administration and anticipates future changes that may either hinder or promote the industry's growth.

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