Harris Concedes Election Defeat, Bitcoin Gained 1900% in Trump's First Term
In a speech at her alma mater, Howard University in Washington, D.C., Vice President Kamala Harris said, “It was not the outcome we wanted, it was not the outcome we aimed for and fought for,” according to foreign media. But we have to accept the results of the election,” she said. He added that he would help finalize the transition of power in a peaceful manner. Later that day, Harris reportedly reached out to President-elect Donald Trump personally to congratulate him on his victory.
Meanwhile, the price of Bitcoin could surpass $1 million during Trump's second term, Cointelegraph reported. That's because even during Trump's first term, which was unfriendly to cryptocurrencies, bitcoin gained 1900%. Also, BlackRock's BTC spot ETF IBIT hit a record $4.1 billion in daily trading volume, according to WatchGuru. Overall BTC spot ETF trading volume hit $6 billion.