Bitcoin's Trump Explosion
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- 📈 Trump Win Sends Bitcoin to New Heights, While Altcoins Surge. Bitcoin rips to a new all-time high above $75K.
- 🇺🇸 Crypto-Friendly Candidates Sweep Into Office. Trump's win last night wasn't the only election stoking enthusiasm in the crypto industry.
- ✅ Polymarket's Big Night. The predictions market became an essential channel for users following the election results.
📸 Daily Market Snapshot: Trump's resounding victory sent markets soaring Wednesday, with BTC punching through to new all-time highs while DeFi ecosystem tokens like AAVE and UNI pumped with 30% gains as the crypto industry prepares for a new normal for crypto's regulatory future.
| Prices as of 3pm ET | 24hr | 7d |
|
Crypto $2.50T | ↗ 7.5% | ↗ 6.0% |
|
BTC $75,337 | ↗ 7.7% | ↗ 4.8% |
|
ETH $2,663 | ↗ 8.8% | ↘ 0.1% |
|
UNI $9.20 | ↗ 28.9% | ↗ 12.2% |
After an electric election season for Polymarket, the prediction market's biggest contest is over, as multiple news organizations have called the presidential election for Donald Trump. So, what happens now?
Billions in bets have flowed through Polymarket in recent months, but how does the platform's prediction resolution work and when will you get paid out?
Let's dig in 👇 👇
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Crypto was on the ballot yesterday, and plenty of crypto voters are pretty pleased with how things went.
Alex Thorn, Head of Research at Galaxy Digital, joins us to unpack the impact of last night’s sweeping Republican victory on the crypto landscape.
We dive into record-breaking price action, potential shifts in crypto legislation, and the role Polymarket played in election coverage. Tune in for insights on what lies ahead for crypto in this new political climate.
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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
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