Bitcoin
Cryptocurrency’s Biggest Winners and Losers in a Second Trump Presidency
Bitcoin miners and cryptocurrency companies that have been blocked from going public in the U.S. could ultimately be the biggest winners in the digital asset world under a second Donald Trump presidency. Foreign companies at risk of losing market share could end up being the biggest losers.
That’s the view that’s taking hold among market participants and observers in the wake of the former president’s growing adoption of cryptocurrencies as his chances of election grow. While a survey released Thursday by CBS News showed Trump with a majority — 52 percent — of likely voters in a likely rematch with President Joe Biden, it’s unclear who will be on the ballot in November. On Sunday, Biden said he will not seek re-election and endorsed Vice President Kamala Harris to become the Democratic nominee.