Bitcoin at $100K Post-Trump Win: Edelman Analysis
Crypto expert Ric Edelman says the post-election bitcoin rally is the start of a crypto market transition.
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In a conversation with etf.com wealth management editor Jeff Benjamin, Ric Edelman, the founder of the Digital Asset Council of Financial Professionals, says the 40% bitcoin rally is a direct result of the reelection of Donald Trump.
From here, Edelman says the cryptocurrency will remain volatile, but that investors should expect changes under a Trump presidency that will favor crypto investing, including turnover at the top of the Securities and Exchange Commission. Watch the full conversation below:
