Bitcoin

“NEVER SELL YOUR BITCOIN” – Trump (on the campaign trail)

The election of Donald Trump as the President of the United States is a big news for the crypto community.

After the news of Trump’s election, Bitcoin has seen an unprecedented and unbelievable increase.

Today, one bitcoin is worth more than $91,000.

As soon as Trump was elected, there was great excitement in the crypto community and he was called the “First Crypto President Elected”.

Trump is the first president-elect to publicly support Bitcoin and cryptocurrency.

During his campaign, the president-elect promised to “make America the cryptocurrency capital of the planet.”

He also said that they will create favorable conditions for digital transactions. Following this, there is a belief that the crypto industry will be deregulated.

During the campaign, Trump said, “Never sell your bitcoins.”

Bitcoin, the world’s largest cryptocurrency, has reached more than 91,000 (ninety one thousand) dollars today, including an unbelievable increase after Trump’s election.

Other cryptocurrencies such as Dogecoin are also rising in value. Donald Trump’s right-hand man, Elan Field, promotes Dogecoin extensively.

What is cryptocurrency?

The Oxford Dictionary defines cryptocurrency as “a digital currency designed as a means of exchange that uses strong cryptography to secure transactions, control the creation of additional units, and ensure the transfer of funds.”

There are several types of cryptocurrencies that meet the above criteria.

Among the most widely known are:

• Bitcoin,
• Ethereum,
• BNB
• Solana