Crypto helped Trump win the White House, and WA congressional candidates

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

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