Trump Wins: 5 Key Crypto Moments from Election Night
Donald Trump will be America's next president — but this isn't the only dramatic development sending shockwaves through crypto.
Key takeaways:
Bitcoin rally shows Trump’s win wasn’t priced in.
Industry groups successfully oust anti-crypto candidates.
Prediction markets take a victory lap after proving polls wrong.
Bloodbath for meme coins across the political spectrum.
Countless polls had predicted that the US presidential race was on a knife edge, with a razor-thin margin separating Donald Trump and Kamala Harris.
However, as the results began to pour in, it quickly became clear that Trump was on course to retake the Oval Office, with Republicans also seizing control of the Senate.
This resounding win is fueling speculation that Bitcoin’s bull run may be about to enter a parabolic phase.
Here are five key crypto moments from election night.
1. Bitcoin Hits a New All-Time High
2. Polymarket Takes Victory Lap
3. Anti-Crypto Politicians Ousted
4. A Shifting Picture Nationwide