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Bitcoin hits record high as Trump edges closer to full control of Congress

10 November 2024
in Business
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Bitcoin hits record high as Trump edges closer to full control of Congress
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Bitcoin has surged to $80,000 as Donald Trump secured victories in key swing states, leading to expectations of a more crypto-friendly administration. The potential Republican control of the House of Representatives could result in supportive policies for digital assets, with industry leaders optimistic about the future under Trump’s leadership. While there is hope for a positive regulatory environment, some experts caution that Trump’s understanding of digital currency may impact the extent of his influence on the crypto industry.

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