Analysing Cryptocurrencies' Post-Trump Win Rally

Andy Baehr, Managing Director & Head of Product, CoinDesk Indices

12-Nov-24 07:45

Analysing Cryptocurrencies' Post-Trump Win Rally

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Cryptocurrencies have rallied since it became clear that Donald Trump had won the Nov 5th US presidential election. His victory, along with a pro-crypto shift in Congress, has raised hopes for more support in the industry, resulting in bitcoin hitting all-time highs in the following week. Andy Baehr, Managing Director and Head of Product at CoinDesk Indices, helps us with some perspectives on the gains that we have been seeing.

Image Credit: Shutterstock.com

Produced by: Tun Hizami Hashim

Presented by: Shazana Mokhtar, Keith Kam

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Categories: economy, markets, international

Tags: bitcoin, cryptocurrency, trump presidency, us elections 2024,

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