The post $135 Million Bet Pays Off as Bitcoin Soars After Trump Victory! appeared on BitcoinEthereumNews.com.

The crypto industry celebrated a major victory after a $135 million bet on the U.S. election paid off. On November 5, Bitcoin enthusiasts gathered at PubKey, a Bitcoin-themed bar in New York, as election results rolled in. The price of Bitcoin soared past $73,000 amid favorable news for Donald Trump. Crypto-backed political candidate Bernie Moreno, who was trying to unseat Senator Sherrod Brown, also gained momentum. Backed by $40 million from crypto companies, Moreno’s campaign added to the excitement. At one point, a Bitcoin meetup organizer cheered as the odds of a Trump win hit 88%, urging attendees to buy Bitcoin before it soared even higher. Source: https://coinpedia.org/crypto-live-news/crypto-industry-scores-big-135-million-bet-pays-off-as-bitcoin-soars-after-trump-victory/

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Filed under: News - @ November 8, 2024 12:18 pm