The United States has never been the largest market for Bitcoin or cryptocurrencies in terms of trading volume. Offshore exchanges, particularly in Asia, have consistently dominated global trading activity, with platforms like Binance and Huobi driving liquidity and volatility. However, the US has always held a unique position as the most influential force in the […]
US influence over Bitcoin grows with Trump victory US influence over Bitcoin grows with Trump victory
Trump's election win signals new era for US bitcoin market power.
3 min read
Updated: Nov. 29, 2024 at 12:02 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.