Trump’s Electoral Upset Pushes Bitcoin Past $740 Ceiling

Bitcoin is soaring once again, thanks to President Donny.

The 2016 U.S. presidential elections—dubbed as the unpopularity contest—ended late Tuesday with Republican Donald John Trump elected as the 45th president of the United States. The surprise outcome defied polls that showed Democrat Hillary Clinton with a small, persistent edge—but one that was not enough to pull her ahead during Election Day.

The possibility of having the 70-year-old real estate developer-turned-reality television star as a president had many analysts shaking in their boots. Windsor Holden, head of forecasting and consultancy at Juniper Research, said in July that with Trump at the helm, “there is the very real prospect of turmoil on world markets.”

However, there’s one sector that is thriving—and is expected to continue to do so—in a Trump presidency: digital currency.