Markets
Cryptocurrency’s Biggest Winners and Losers in a Second Trump Presidency
Bitcoin miners and cryptocurrency companies that have been blocked from going public in the United States could be the biggest winners in the digital asset market under a second Donald Trump term. Foreign companies that stand to lose market share could be the biggest losers.
That’s the prevailing opinion among market participants and observers following the former president’s growing adoption of cryptocurrency as his chances of election increase. survey A CBS News poll released Thursday showed Trump with a majority — 52% — of likely voters in a likely rematch against President Joe Biden, with it unclear who will be on the ballot in November. As of Sunday, Biden said he would not seek re-election and supported Vice President Kamala Harris’ candidacy as the Democratic nominee.