Donald Trump has officially secured 277 electoral votes, clinching the 2024 U.S. Presidential election. As Trump’s victory unfolded, prominent figures in the crypto space began celebrating. Crypto.com CEO Kris Marszalek was among the first to congratulate Trump, calling the win a milestone for the crypto industry even before the results were made official.
In a post on Wednesday morning, Marszalek highlighted the significance of this outcome, stating, “Crypto at its very core is about freedom of the individual, and the future of crypto has never looked brighter than today.”
At the time of Marszalek’s announcement, the Associated Press reported Trump holding 230 electoral votes compared to Kamala Harris’s 209 votes. Likewise, Gemini co-founder Tyler Winklevoss shared his optimism on social media platform X, declaring, “We are on the brink of a new American Renaissance,” and adding, “The crypto army is striking.” He further celebrated the victory of Republican Bernie Moreno in Ohio, who defeated Sherrod Brown, a vocal critic of crypto and a close ally of Elizabeth Warren and Gary Gensler.
Trump’s Pro-Crypto Victory Boosts Bitcoin Price
Following Trump’s official claim to victory, he pledged to “heal” the nation and ensure that the U.S. becomes the “world capital for crypto and Bitcoin.” His commitment to a pro-crypto policy sparked a surge in Bitcoin’s price, which hit a record high of $75,397 shortly after the announcement. According to CoinMarketCap, Bitcoin gained 8.63% over the past 24 hours and was trading around $74,060 at press time.
This election season also underscored the influence of prediction markets on investor sentiment. On the decentralized Polymarket platform, Trump’s probability of winning was projected at over 60% ahead of Election Day, while Harris’s fell below 39%.
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