In the 2024 election cycle, the cryptocurrency industry outspent traditional sectors by donating $238 million, including $18 million to Trump's inauguration. This massive funding influenced political divides and raised concerns over regulatory frameworks and conflicts of interest.
Bitcoin surpasses $76K for the first time as a massive crypto rally coincides with Donald Trump's 2024 presidential election win. Altcoins like Uniswap, Solana, and Dogecoin also post impressive gains amid political and regulatory optimism.