In the 2024 US elections, Donald Trump was elected as the 45th president, and Bitcoin reached $75K as a result. The Republicans gained control of the US Senate, which could affect the next president’s ability to make executive and judicial nominations. The crypto industry has become more influential, with 220 pro-crypto candidates in the House of Representatives and 14 pro-crypto candidates in the House of Senate.
Bitcoin’s price surged from $65K to $74,903 in the lead up to the elections, and this trend is expected to continue.
