What's driving the crypto rise after Trump's election? | ABC NEWS

What's driving the crypto rise after Trump's election? | ABC NEWS

PT6M14S | Video has closed captioning.

2024-12-23T08:43:35+0800

The price of Bitcoin has surged to a record high after Donald Trump promised to make the United States the crypto capital of the planet. It's a complete reversal from his last term as president when he said crypto was 'based on thin air.' Listen here: https://www.abc.net.au/listen/programs/radionational-drive/1652/104574538 Subscribe: http://ab.co/1svxLVE ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook: http://facebook.com/abcnews.au Follow ABC News on Instagram: http://instagram.com/abcnews_au Follow ABC News on X (Twitter): http://twitter.com/abcnews Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia