I’m much more confident with crypto than with banks or fiat currency because I can actually control it, and the money supply is transparent, stated up front. It makes online shopping a lot easier and a lot safer. –Erik Voorhees
The news hit like a thunderclap. Sunday. Just after noon. Bitcoin shattered the $80,000 barrier, sending shockwaves through financial markets. It’s a record high, a moment that crypto traders had been betting on ever since Donald Trump re-entered the political arena.
- Bitcoin hits $80,000, fueled by Trump’s political resurgence.
- Trump’s pro-crypto policies spark hopes of market deregulation.
- World Liberty Financial struggles, but Trump’s crypto vision stays strong.
For months, the market had simmered. Then came last Tuesday’s election. Trump, the self-proclaimed champion of deregulation, beat Kamala Harris to secure the Republican nomination. The result? A rally like no other.
By Wednesday, Bitcoin was already flirting with $75,000, blowing past its previous peak of $73,798. Traders saw it coming. Trump’s promise to unleash a crypto revolution resonated with investors hungry for big returns.
The Trump Effect
This wasn’t the Trump of 2016. Back then, he’d called crypto a scam. Now? He’s singing a different tune. He’s launched his own digital platform—World Liberty Financial. Bold words followed: make America the “crypto capital of the world.” And Elon Musk? Trump wants him spearheading a nationwide crackdown on waste.
But not everything has gone smoothly. World Liberty’s launch was rocky. Token sales flopped. Even so, Trump’s pro-crypto stance is reshaping the market. His policies could bring a flood of institutional cash into Bitcoin, pushing prices higher.
Bitcoin’s Wild Ride
Cryptocurrencies have always been unpredictable. From spectacular highs to catastrophic crashes, they dominate headlines. Industry scandals—like the fall of FTX—keep skeptics wary. But that hasn’t stopped enthusiasts.
Trump, now a Bitcoin user himself, made headlines last month. He used the currency for a burger run in New York. A symbolic move, sure, but a potent one. It signaled a seismic shift. Bitcoin’s future? Bigger than ever.
The Morning Muster
