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Cryptocurrencies have enjoyed a broad surge in prices since the election, in anticipation of a more crypto-friendly Administration since the President-Elect’s remarks during the campaign at the Bitcoin 2024 Conference pledging to make the US the “crypto capital of the planet and the bitcoin superpower of the world.” This marks a significant change from his generally skeptical attitude earlier, at one point calling Bitcoin “a scam against the dollar” and “based on thin air.”
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