Bitcoin hit a new all-time high of $89,995 on Monday, increasing by $20,000 since former President Donald Trump was announced the winner of the 2024 presidential election. Notably, both President-elect Trump and Vice President Kamala Harris embraced cryptocurrency in their campaign platforms, even accepting crypto donations. The 2024 election cycle saw over $250 million in crypto donations made to candidates across the ballot, 13 times the sum raised in 2020.
While this economic surge is promising, the next four years under Trump will likely present significant challenges for the nation’s most vulnerable communities and the environment. He has pledged to deport millions of undocumented immigrants — the backbone of the U.S. labor market. Many are rightfully concerned that the policies he campaigned on will impact women's rights, LGBTQIA+ rights, gun safety, environmental protections and exacerbate poverty. This makes the ability to mobilize for the causes you care about even more crucial.
