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Crypto is turning volatile as Donald Trump assumes the office of president for the second time. The price of bitcoin set another record in the hours leading up to Trump's inauguration, briefly ...
Mike Snider, USA TODAY Updated January 18, 2025 at 1:19 PM Just days before his second inauguration , President-elect Donald Trump issued a cryptocurrency meme coin memorializing his response to ...
Mike Snider, USA TODAY Updated January 20, 2025 at 11:25 AM President Donald Trump 's return to office could be inaugurating a new landscape in cryptocurrency .
Some crypto executives and investors said Trump had undermined the credibility of the industry they had worked hard to build by selling coins known for their speculative nature and extreme volatility. They also noted Trump's brazen conflict of interest by setting crypto market policies while directly benefiting from participating in the market.
Bitcoin jumped to a record high on Tuesday, trading north of $93,800 per token as the cryptocurrency's post-election gains resumed.Bitcoin prices held steady over the weekend around $91,000 after ...
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Crypto was once a fringe sideshow for the investing public, a concern for D.C. policymakers and a subject of ridicule for top Wall Street figures. That changed in 2024. Crypto's widespread ...
[59] [60] In December 2024, bitcoin price reached $100,000 for the first time, as US president-elect Donald Trump promised to make the US the "crypto capital of the planet" and to stockpile bitcoin. [61] The same month, BlackRock, the world's largest asset manager, recommended investors to allocate up to 2% of their portfolio to bitcoin. [62]
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