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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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