The US Election Was a Huge Win for Crypto

Trump’s victory in the 2024 US presidential election has been a significant catalyst for the crypto market in recent days. Following the election results, bitcoin reached a new all-time high exceeding $75,000, along with substantial gains in other cryptocurrencies such as ETH, SOL, and DOGE. This surge is attributed to bullish market sentiment and re-risking by traders. Moreover, the election has led to a more crypto-friendly Congress, enhancing optimism around regulatory clarity.  In this podcast, Ben Floyd, David Duong, Greg Sutton and David Han discuss some of the regulatory and policy implications of a Trump presidency. They also talk about the Federal Reserve decision, the Ethereum Foundation’s report, Solana trading ecosystem profits, and the recent spike in stablecoin supply.

**Host:**
Ben Floyd, Head of Execution Services

**Panelists:**
David Duong, Head of Institutional Research
David Han, Research Analyst
Greg Sutton, CES Sales TraderDon’t forget to like and subscribe.

Links:

• Stand with Crypto
• Reflections on the election through a crypto lens
• Coinbase Research