Cryptocurrency Market Surges on Trump Presidency: Here Are 5 Worth Buying Now

Since the results of the presidential election on Nov. 5, the cryptocurrency market has soared by more than 40%. This enthusiasm is driven by Donald Trump's stance as a pro-crypto candidate, which has stirred optimism for a new era of digital asset growth. The overall belief is that a pro-crypto administration could lead to friendlier regulations, a more welcoming environment for crypto development, and even the possibility of the U.S. government adding Bitcoin (CRYPTO: BTC) to its reserves. This shift has created major tailwinds for the cryptocurrency market, setting the stage for its next leg up. For those looking to capitalize on this opportunity, here are five cryptocurrencies to consider adding to your portfolio.First on the list is Bitcoin, the original and most established cryptocurrency. As a pioneer in the market, Bitcoin has secured its reputation as so-called digital gold, offering a store of value that's widely recognized and accepted. Under Trump's presidency, Bitcoin stands to benefit from multiple catalysts, such as increased adoption and a focus on domestic Bitcoin mining.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool