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Here's How a Trump Presidency Could Affect Cryptocurrency for the Next 4 Years

After a blistering post-election rally that saw Bitcoin (CRYPTO: BTC) soar by nearly 40%, investors were quick to credit the pro-crypto optimism surrounding a Donald Trump presidency. While Bitcoin has since pulled back from the $100,000 mark, all lights seem to be flashing green for crypto as we head into 2025. Will a Donald Trump presidency lift the entire crypto market, or will it primarily boost the fortunes of Bitcoin?

Peru Inflation Remains Within Target For Eighth Straight Month

(Bloomberg) -- Inflation in Peru’s capital stayed within the central bank’s target band in November for the eighth straight month, according to data published Sunday. Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesAnnual inflation in Lima increased to 2.27%, according to the national statistics agency INEI. On a monthly basis, prices rose 0.09% from October. Peruvian Central Bank President Julio

Establishment’s Takeover of Bitcoin Creates a New List of Risks

(Bloomberg) -- Bitcoin exchange-traded funds have been such a smashing success in the US that they now hold more than 1 million of the tokens, or about 5% of what currently exists. That’s in the same ballpark as the amounts that have long been frozen in the wallet of the market’s original whale: The cryptocurrency’s anonymous and enigmatic creator known as Satoshi Nakamoto.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto, a Battle Br