How deep did crypto’s influence go in this election? Did Bitcoin and blockchain backers help push Trump back into the Oval Office?

A crypto-powered return to the White House

The recent election handed Donald Trump a strong victory with 312 electoral votes, returning him to the White House. But what stands out this time isn’t just the numbers or campaign talk — it’s crypto.

Over the past year, crypto has evolved from a niche interest to a major topic on the political agenda, with crypto-friendly candidates now holding key seats in Congress.

In the Senate alone, pro-crypto candidates claimed 18 seats, while anti-crypto candidates held only 12. Across Congress, 266 pro-crypto candidates were elected, leaving anti-crypto voices trailing at 120.

This shift in sentiment isn’t coincidental. According to a Grayscale report from September 2024, voter awareness of crypto climbed to 53%, up from 47% in December 2023.

In fact, 71% of voters feel it’s crucial for political leaders to embrace new technologies, like blockchain, to keep America competitive on the world stage.

More notably, 56% of voters said they’d be more likely to back a candidate open to learning about crypto—up from 48% last December. The election results now confirm this trend.

With Trump’s second term backed by a crypto-receptive Senate and Congress, questions arise: What role did crypto play in his win, and how might it influence his term? Let’s explore what experts think Trump’s victory means for crypto’s future.

How crypto funding shaped key races

Crypto played a massive role in Trump’s victory, transforming from a fringe industry into a powerful political force. The industry put its weight behind pro-crypto candidates across the country, making strategic donations and funding ads in states where races were close.

Across the country, crypto-backed candidates gained ground, with gro

Go to Source to See Full Article
Author: Ankish Jain

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details