Bitcoin investor's fortune rises to $21 billion as price hits record high after Trump victory

thesun.co.uk

A mystery Bitcoin investor's fortune has surged to $21 billion following Donald Trump's election victory, which has driven Bitcoin's price to a record high of $84,000. This investor, holding the largest known Bitcoin wallet, was worth about $17 billion in September. Trump's campaign promised to make the U.S. a leader in cryptocurrency, and he has pledged to create a strategic reserve of Bitcoin. His administration is expected to shift regulatory approaches, particularly regarding the Securities and Exchange Commission's current stance on crypto. Other cryptocurrencies, including Doge and Ethereum, are also experiencing significant price increases. The crypto market remains volatile, with risks associated with investments in digital assets.


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