With Donald Trump becoming the 45th President of the United States, the fervor of the 2024 U.S. election has undergone a historic turning point, with Bitcoin reaching the milestone of $75,000, reflecting this victorious sentiment.
The Republican Party has gained significant influence in this crucial battle over taxes and spending, and with its victory in the U.S. Senate, it now holds the final decision-making power over the next president's executive and judicial nominations. Now, with the victory in the presidential election, Donald Trump is ready to launch the 'Make America Great Again' campaign.
This election is particularly special because the voice of the cryptocurrency industry is the loudest, and the echoes seem to have reached both the Senate and the House of Representatives. The House now has 220 candidates supporting cryptocurrency, and the Senate has 14 candidates supporting cryptocurrency, which proves this point.
Since early voting began, the price of cryptocurrency (especially Bitcoin) has surged significantly. Bitcoin has risen 8.89% in the past day and is currently trading at $74,903.
The turning point of the 2024 U.S. presidential election was Donald Trump's victory in the key swing state of Pennsylvania. Even in the U.S. Senate election in this swing state, Republican candidate and staunch cryptocurrency supporter Dave McCormick won with 44.71% of the vote. Other Republican Senate winners who support cryptocurrency include Bernie Moreno, Tim Sheehy, Mike Rogers, Sam Brown, and Zack Nunn.
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