Trump Wins, Bitcoin (BTC) Unlikely to See Big Price Drop on ‘Selling the Facts’

Trump began aggressively courting the crypto community in June, taking several steps to win their votes, including promising to create a strategic bitcoin reserve for a potential second term. He also launched his cryptocurrency venture, World Liberty Financial, and accepted cryptocurrency donations. These initiatives have fueled hopes that a second Trump administration will bring regulatory action to the crypto industry, leading to BTC often targeting Trump’s chances of winning the election.