Trump did what everyone thought was impossible—again. He’s back in the White House, and his doubters are left stunned, scratching their heads, perhaps even a little embarrassed.
It wasn’t a narrow win either; Trump cruised through swing states that had everyone biting their nails (Pennsylvania, North Carolina, and Georgia).
With the Electoral College swinging heavily his way, Trump sealed the deal, and Republicans even snagged back the Senate. This isn’t even a comeback, it is a complete takeover.
Bitcoin goes ballistic as Trump locks in key wins
Crypto markets loved it. Bitcoin skyrocketed to an all-time high, hitting $75,000 as the final swing states lit up red. Investors have had their eyes on this election for months, knowing the winner would tip the scales in crypto’s direction.
And for Bitcoin holders, Trump’s victory was exactly the boost they wanted. Bitcoin’s 7% jump, landing it at a brand new all-time high above $75,000.
In past elections, Bitcoin gains after election day were big: 87% in 2012, 44% in 2016, and a jaw-dropping 145% in 2020. Every one of those election years happened to fall on a Bitcoin halving year, the natural supply squeeze that makes it scarcer and often sends prices up.
Now with the Federal Reserve planning more rate cuts, some traders are eyeing even bigger gains in the near future. Coinbase also saw its stock soar 15% in after-hours trading on Robinhood, an indicator that crypto’s ride is far from over. For now, investors are keeping their powder dry, ready to move at the next hint of policy shifts.
The contrast between Trump and Harris couldn’t be starker in the eyes of the crypto community. Harris was seen as a threat to crypto since the Biden administration has been so tight with regulations, which had the industry on edge.
Trump, by comparison, has openly courted crypto players, strongly positioning himself as a “pro-crypto” candidate in a way that’s rarely seen from major politicians. It was a little odd, to say the least.
Republicans take back Senate, gain ground in House
It wasn’t just Trump who scored big. The Republican Party reclaimed the Senate, giving them control of at least one chamber of Congress.
This Senate majority opens the door for Trump to push through his picks for conservative judges and key personnel, stacking the deck in his favor.
Jim Justice, now a projected winner in West Virginia, replaced the independent-leaning Joe Manchin. Bernie Moreno took Ohio, booting out Sherrod Brown and securing Republicans a 51-49 majority in the Senate.
Republican dominance in Congress will let them block Harris’s agenda outright, should she attempt to push through any legislation from her side.
Republicans also gained ground in the House, picking up Democratic seats in Pennsylvania, North Carolina, and even Biden’s own hometown district in Scranton.
Democrats, for their part, held onto a few key seats, flipping a Republican district in upstate New York and one in Alabama.
The House is still hanging in the balance, but with early results leaning red, Republicans might have the numbers they need to make Trump’s policies unstoppable.
Global reactions roll in, allies cheer Trump’s comeback
Fox News’ projection of Trump’s win in Pennsylvania was like a loudspeaker to the world, signaling that the White House was flipping back to Trump’s hands. International allies, especially those leaning toward conservative or nationalist agendas, were quick to celebrate.
Salvadoran President Nayib Bukele, an ardent crypto supporter himself, wasted no time. He took to X, formerly Twitter, saying:
“Congratulations to the President-Elect of the United States of America, @realDonaldTrump. May God bless and guide you.”
Viktor Orban, Hungary’s Prime Minister and a longtime Trump backer, shared on Facebook that Trump’s comeback was “a beautiful victory.” Dutch politician Geert Wilders echoed the sentiment, rallying his followers with:
“CONGRATULATIONS PRESIDENT TRUMP! CONGRATULATIONS AMERICA! NEVER STOP, ALWAYS KEEP FIGHTING AND WIN ELECTIONS!”
Dmitry Medvedev, Deputy Chairman of the Security Council of Russia, said:
“Kamala is finished. Let her keep cackling infectiously. The objectives of the Special Military Operation remain unchanged and will be achieved.”
Israeli Prime Minister Benjamin Netanyahu also congratulated Trump, calling his win “the greatest comeback in history.”
But the reaction wasn’t all cheerleading. Trump’s return sent a ripple of uncertainty through European Union leaders, many of whom had clashed with him during his first term.
His “America First” approach had strained relationships in the past, and there’s speculation that Europe might brace itself for another four years of challenging diplomacy.
Trump declares victory
Trump’s victory speech left little doubt about his plans. Speaking at the West Palm Beach Convention Center in Florida, he thanked his supporters with characteristic flair, saying:
“I want to thank the American people for the extraordinary honor of being elected your 47th president and your 45th president.”
Flanked by his family, VP J.D. Vance, and top campaign strategists, Trump hinted at a sweeping agenda. “We’re going to help our country heal,” he said. “We’re going to fix everything about our country.”
Trump’s return starts what he’s calling the “golden age of America.” He claims he wants to dive headfirst into domestic issues, especially in areas he feels were mishandled under Biden. With Republicans in control of the Senate, he’ll have the freedom to push his agenda harder than ever.
This election is the start of a whole new game, and everyone’s bracing for what Trump will bring to the table.
