Trump's support for cryptocurrency sees Bitcoin soar to $109,000, amid both praise and backlash.

The cryptocurrency industry sees a substantial return on their investment in Trump's campaign, with Bitcoin reaching a record high of $109,000. Trump's executive orders and policy changes, which include the promotion of digital assets and the withdrawal of a restrictive accounting rule, have pleased industry leaders like Coinbase and Binance. However, Trump's involvement in a crypto venture also faces backlash for undermining industry credibility.

2 months ago
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