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How Trump Learned to Love Crypto

DeFi Daily News by DeFi Daily News
January 10, 2025
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Donald Trump’s return to the White House coincides with a massive rally in cryptocurrencies amid hopes of looser regulation. Trump’s nomination of the pro-crypto Paul Atkins to be chair of the Securities and Exchange Commission has provided support for that enthusiasm. It also helped Bitcoin hit $100,000 for the first time, a significant milestone after 16 years of boom and bust. But for the average American, crypto still comes with plenty of risks.

Get the Bloomberg Crypto newsletter for the essential read on the crypto universe.
https://www.bloomberg.com/account/newsletters/crypto?utm_medium=social&utm_source=youtube&utm_campaign=originals&utm_content=newsletter&sref=bgqUwao5

00:00 Introduction
01:26 Bitcoin’s wild ride
03:11 Trump’s crypto flip-flop
05:15 NYC’s Bitcoin-themed bar
06:07 Trump’s promises
07:45 What’s next?

——–
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Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals

Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.

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