US Presidential Elections 2024 Results: Donald Trump Declares Victory
Donald Trump declares victory in the 2024 presidential elections, promising pro-crypto policies and leading to a Bitcoin surge to $75,000.
Former President Donald Trump has officially declared victory in the 2024 U.S. presidential elections, defeating Democratic candidate Kamala Harris.
Key Battleground States
Trump's victory has been projected in several crucial battleground states, including Georgia, Pennsylvania, and North Carolina. As of now, Harris has not conceded the election.
Trump's Pro-Crypto Stance
Throughout his campaign, Trump has been a strong advocate for cryptocurrency, making numerous statements that resonate positively within the crypto community. He has pledged to take significant actions that could benefit the industry, including:
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Firing SEC Chairman Gary Gensler: Trump has promised to remove Gensler on his first day in office, citing Gensler's aggressive regulatory approach towards cryptocurrencies, which has included lawsuits against major players like Ripple, Coinbase, and Binance.
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Tax Proposals: Trump has suggested eliminating taxes on U.S.-created cryptocurrencies, proposing a system of tariffs instead.
Market Reaction
The cryptocurrency market has reacted favorably to Trump's projected victory, with Bitcoin reaching a new all-time high of $75,000 during the European morning trading session. This surge reflects the optimism surrounding potential regulatory changes under a Trump administration.
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