📢 Global cryptocurrency adoption surge following Donald Trump’s re-election

Following Donald Trump's victory in the 2024 US presidential election, there has been a huge surge in adoption and investment in the cryptocurrency market, marking the most significant growth in recent years.

A recent Binance survey of more than 27,000 participants across Asia, Australia, Europe, Africa, and Latin America revealed that 45% of respondents have entered the cryptocurrency market in 2024.

In particular, the number of younger users aged 18-25 soared by 683%, making Gen Z account for 53.8% of new users.

Crypto-related ETP assets will increase dramatically by 2024, marking a milestone for digital assets, London Financial News said. Crypto ETP assets in Europe have grown by nearly $6 billion since Trump won the White House race on November 5.

The Financial Conduct Authority (FCA) observed that cryptocurrency ownership continued to rise throughout 2024. 12% of UK adults now own cryptocurrencies, up from 10% previously reported. Cryptocurrency awareness also increased from 91% to 93%.

Trump’s major policy changes, such as establishing a Strategic Bitcoin Reserve and forming the Bitcoin and Crypto Advisory Council, have generated unprecedented optimism about the future of cryptocurrencies.

These actions pushed Bitcoin prices to all-time highs, with other cryptocurrencies such as Ethereum not far behind.

This election marks a critical moment for the cryptocurrency industry, not just in the United States but globally.

From beginners to seasoned experts, investors are looking for opportunities in this dynamic market as cryptocurrencies gain wider acceptance and regulation around the world.