Skip to Primary Navigation

Crypto takes joy in Trump victory, with forecasts of $10 trillion global market

Elon Musk and Donald Trump
Photo: Anna Moneymaker/Getty Images

Donald Trump maintained a pro-crypto stance throughout his election campaign. The industry is now braced for growth after his victory.

It has been a great week for the crypto industry, with Donald Trump’s victory in the US election signalling the potential return of a more crypto-friendly administration to the White House.

Trading figures over the past few days indicate the optimism, with bitcoin reaching a record high of $80,000. In

And

Get full access, free for a month

Start your 28-day free trial to continue reading and access
all content on GRIP – no payment details required.

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience