Donald Trump's triumphant return to the White House signals a potential golden era for cryptocurrencies, whose influential backers heavily supported his presidential bid. According to Snow, government bitcoin stockpiling would demonstrate America's commitment to innovation while attracting investment and talent,

Cryptocurrency assets have surged in the week since Donald Trump was re-elected President, as the industry looked ahead to what Coinbase CEO Brian Armstrong on Tuesday called the "dawn of a new crypto era.

Bitcoin reached an all-time high on Monday, continuing to soar after President-elect Donald Trump’s win, and other cryptocurrencies are also climbing. CNN’s Vanessa Yurkevich details how the surge likely reflects optimism of a possible new crypto-friendly government and how the Trump presidency could impact the industry.