The Economist: Why crypto mania is reaching new heights
Donald Trump's presidential win ignited a surge in cryptocurrency markets, with bitcoin hitting a record $89,000 as investors anticipate pro-crypto policies. Over the past month, major cryptocurrencies have rallied, spurred by Trump's pro-crypto stance and his promises to ease regulatory pressure on the industry. If he ousts SEC chairman, Gary Gensler, crypto enthusiasts expect more favourable rules, potentially ushering in a new era for the volatile asset class.
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From The Economist, published under licence. The original article can be found on www.economist.com
© 2024 The Economist Newspaper Limited. All rights reserved.
The Economist
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