Donald Trump’s return to the White House coincides with a massive rally in cryptocurrencies amid hopes of looser regulation. Trump’s nomination of the pro-crypto Paul Atkins to be chair of the Securities and Exchange Commission has provided support for that enthusiasm. It also helped Bitcoin hit $100,000 for the first time, a significant milestone after 16 years of boom and bust. But for the average American, crypto still comes with plenty of risks.
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00:00 Introduction
01:26 Bitcoin’s wild ride
03:11 Trump’s crypto flip-flop
05:15 NYC’s Bitcoin-themed bar
06:07 Trump’s promises
07:45 What’s next?
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Author: Bloomberg Originals
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News post in January 10, 2025, 12:05 pm.
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