How Trump's Presidency Impacted the Top 10 Cryptocurrencies, Including Bitcoin and Ethereum
Bitcoin has hit new record highs after the election victory of President-elect Donald Trump in the 2024 US presidential election, with Trump's campaign pledging support for the cryptocurrency sector. Cointelegraph has examined the cryptocurrency landscape during Trump's previous term, noting that half of the top 10 coins from that time have fallen out of the rankings. Tether has not undergone a full audit, raising concerns about the solidity of its vaults, while Polkadot's market value has dropped significantly since 2021. Meanwhile, XRP has seen steady growth and newfound legal clarity, potentially opening the door for an XRP ETF.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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