COINDESK DAILY: Bitcoin Hits Record High as Donald Trump Wins U.S. Election
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 6 November 2024
⏱️ 2 minutes
🧾️ Download transcript
Summary
Host Christine Lee breaks down the news in the crypto industry as Donald Trump wins the U.S. election.
Bitcoin hit a lifetime high over $75,000 Wednesday as former President Donald Trump is set to return to the White House. "CoinDesk Daily" host Christine Lee explains what a Trump presidency could mean for crypto and how anti-crypto Democrat Sherrod Brown was replaced by a more digital asset-friendly Congress.
-
This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee, Jennifer Sanasie, Melissa Montañez and edited by Victor Chen.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Bitcoin hitting an all-time high as Donald Trump wins a second presidency. |
| 0:05.1 | This is CoinDest Daily. I'm your host, Christine Lee. |
| 0:13.0 | Bitcoin skyrocketing to a record high over $75,000 during the European morning Wednesday |
| 0:19.5 | as Republican Donald Trump closed in on a return to the White House. |
| 0:24.1 | AP's live trackers showed Trump winning Wisconsin, pushing him over the 270 electoral votes needed to secure the election. |
| 0:32.5 | Traders taking profit as BTC settles back to trade over $74,000 while New York markets open, around 1% lower |
| 0:40.0 | than its new all-time high of $75,363 and 66. |
| 0:45.6 | According to CoinSk indices data, the broader digital asset market as measured by the CoinS20 |
| 0:51.1 | index is over 9% higher in the last 24 hours. |
| 0:55.0 | Trump's triumph is also Cryptos, reports Coinesque's Nick Day. |
| 0:59.0 | As President, Trump has promised to oust to SEC Chair Gary Gensler and name a new chief to the agency. |
| 1:05.0 | He has vowed that, quote, Bitcoin will be made in the USA on social media and in speeches. |
| 1:11.6 | He also promised to free Silk Road developer Ross Albrecht, who was convicted on multiple |
| 1:16.2 | charges for creating and operating the dark net marketplace that popularized Bitcoin for payments. |
| 1:22.2 | Nevertheless, during Trump's first term as president, his regulators introduced a controversial private wallet ban that |
| 1:28.8 | died under the Biden administration, as well as a special purpose broker-dealer license that |
| 1:33.9 | was later finalized under Gensler. Another major victory for crypto is the ousting of Sherrod Brown, |
| 1:40.6 | a high-profile Democrat and chair of the Senate Banking Committee, notorious for his |
| 1:44.6 | anti-crypto rhetoric. With the aid of tens of millions, the crypto industry spent in Ohio |
| 1:50.2 | through its fair shake political action committee, Sherrod Brown's long Senate career was put to an end. |
| 1:56.4 | And a blockchain businessman, Bernie Murano, will take his place. All said, the crypto industry spent a whopping |
| 2:02.3 | 169 million on U.S. congressional elections. Republicans won control of the U.S. Senate and also |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.