Trump's win has resulted in this significant jump in digital assets, an industry that spent more than $100 million on supporting crypto-supporting candidates in the US elections.
Trump has publicly embraced digital currencies, and since then, anticipation has been building for the pro-crypto policies he might implement if he returns to office.
Many critics argue that the current system allows the rich and powerful to wield disproportionate influence over policy decisions and elections, potentially eroding public trust in democracy.