How Trump’s victory sparked a crypto boom – podcast

December 9, 2024 Leave a Comment

Guardian US tech editor, Blake Montgomery, explains what the US president-elect’s embrace of the cryptocurrency world might mean for his second term

Bitcoin has never been more valuable. Last week, it reached a record $100,000 (£79,000) per bitcoin – the climax of a surge in cryptocurrencies overall since the election of Donald Trump in November.

As Guardian US tech editor, Blake Montgomery, explains to Michael Safi, the relationship between Trump and crypto has not always been so smooth – as recently as his first presidential term, he called bitcoin a “scam against the dollar”.

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