Big Take Podcast

Why Bitcoin Is Surging to All-Time Highs on Trump’s Win

On today’s Big Take podcast: The cryptocurrency industry bet big on candidates up and down the ballot. Those bets seem to be paying off.

Since Donald Trump’s reelection, Bitcoin has surged to its highest value ever, surpassing $89k per coin on Tuesday.

Photographer: Brett Carlsen/Bloomberg
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Since Donald Trump’s reelection, Bitcoin has surged to its highest value ever, surpassing $89k per coin on Tuesday. It’s a trend playing out across cryptocurrency, an industry that could benefit from deregulation under President Trump.