Today in crypto, Coinbase CEO Brian Armstrong expressed optimism regarding Donald Trump's election win, suggesting it could benefit the digital assets industry. Following the election, Bitcoin's price surged above $75,000 driven by hopes for regulatory clarity. With the Republican Party gaining control of the Senate and Trump's generally supportive stance on crypto, expectations have risen for a favorable regulatory landscape. After the election, U.S. crypto stocks experienced significant gains; Coinbase rose 31.11%, while Robinhood and MicroStrategy also saw prices jump significantly. Additionally, BlackRock's iShares Bitcoin Trust reported over $1 billion in trading volume shortly after the markets opened, reflecting bullish sentiment amid Trump's victory. Armstrong stated that the election results indicate a push toward economic freedom and limited government involvement in the market.

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