Bitcoin jumped nearly 3% after a pro-crypto candidate from the far right handily defeated Argentina’s current economic minister in the country’s presidential election.
Bitcoin broke through the $37,000 mark, and was still up 2% over the past 24 hours, after Javier Milei, a populist figure who labels himself an anarcho-capitalist and libertarian, was named the winner. Milei has found an audience in Argentina—and among the crypto faithful—in part for his radical economic proposals such as eliminating the country’s central bank.
