Crypto and meme coin prices keep surging after Donald Trump’s election victory. Here are 2 likely reasons why

With Trump returning to the White House and Elon Musk possibly having his ear, Bitcoin, Dogecoin, Shiba Inu, and other cryptocurrencies are rallying. Will it last?

In the nearly week since Donald Trump decisively won the 2024 presidential election, crypto prices have surged. In the past five days alone, many popular cryptocurrencies have jumped by anywhere from 8% to almost 50%.