EXCLUSIVEJubilant crypto bros claim they made $100billion in 24 hours as Donald Trump was re-elected US President

Donald Trumps victory may have broken the hearts of millions of Americans this morning but jubilant crypto bros claim they are cashing in on the dismay.  

A crypto enthusiast has alleged the industry raked in around an eye-watering $100 billion in just 24 hours as the odds began to swing in Trumps favour during the  US election.

In an interview with MailOnline, Bitcoin investor Dan Held revealed that he believed Democrats were anti-business and try to actively avoid saying the word crypto.

He also took a swipe at the chairperson of The U.S. Securities and Exchange Commission, Gary Gensler, alleging he used his position of power to arbitrarily attack crypto businesses.’

But with Trump sitting at the helm of the oval office once more, Mr Held thinks the future looks far brighter for Cryptocurrency, estimating the value of Bitcoin ballooned by billions overnight. 

Bitcoin investor Dan Held estimates the Cryptocurrency industry made billions amid Donald Trumps re-election into the White House

The crypto bro is looking forward to change with Trump (Pictured) back in the oval office, claiming Democrats were anti-crypto

Mr Held told MailOnline: ‘Trump in combination with Elon Musk, have signalled that they are going to do a large reform of these government agencies. 

Reform, as in likely firing the head of all of these agencies, cutting a massive amount of the staff of these regulatory agencies, and completely reformatting how these agencies work. This is why Bitcoin is trading up.’

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According to the Bitcoin educator, Trumps win has already had a huge impact on the value of Bitcoin, with those who invested in the currency having made roughly 100 billion dollars over the last day.

Bitcoin is a completely virtual currency, which can also be described as a cryptocurrency or digital currency,. 

The virtual cash can also be used to buy products and services and can even be bought and sold online payment services such as PayPal, according to the BBC. 

The currency can also be divvied up into a smaller value known as satoshis, with 100,000,000 satoshis making up one singular Bitcoin.

However with the virtual currency reaching an all time high, the Bitcoin investor hopes its indicator for change and not have to worry about some government bureaucrat trying to harm his business.

Mr Held added: ‘Bitcoin broke its all time highs which means its never been higher than the price its at currently - so that was incredibly bullish.

‘Trump in combination with Elon Musk , have signalled that they are going to do a large reform of these government agencies, Mr Held told MailOnline

The value of bitcoin went up by around seven per cent in the last 24 hours, with Mr Held estimating investors made around $100 billion

They [The Democrats] are very have been very anti-business. They like central government control over everything,’ Mr Held (Pictured) said

‘Anyone holding crypto assets or working at crypto companies definitely made money in the last 24 hours.

‘The value of all the Bitcoin in the world is $1.4 trillion. So it went up in the last 24 hours, which if you do some rough math - thats close to $100 billion.’

‘Most of my net worth is in Bitcoin. So naturally thats good for me.

As of today, one BTC costs around £57,580.98 signalling a rise of 7.57%  in the Cryptocurrency in the last day, according to Revolut.

Discussing the outcome of the election, the Cryptocurrency educator, in his mid 30s, was adamant he was ready for change, accusing the Democrats of being anti-crypto.

‘In the US weve got the Republicans and the Democrats as our two primary political parties, he said. 

The Democrats over the last few years have signalled that they are very anti-business and anti crypto.

They are very have been very anti-business. They like central government control over everything.’ 

Donald Trump has pulled off a shocking political comeback and regained the White House as hes declared the winner of the 2024 U.S. presidential election

He becomes the first president in over 130 years to win a non-consecutive second term. (Pictured: Donald, wife Melania and their son Barron on stage in West Palm Beach as Trump delivered his victory speech on Tuesday night)

The 78-year-old Trump will also become the oldest president ever inaugurated, beating President Joe Bidens record by five months. (Pictured: Vice President-elect JD Vance on stage in West Palm Beach with Ivanka Trump and her husband Jared Kushner)

Trumps victory brings an end to a tumultuous 2024 campaign - punctuated with Joe Bidens dramatic withdrawal from the race in July, as well as two shocking attempts on Trumps life (Trump is pictured after surviving an assassination attempt in Butler, Pennsylvania)

His defeat of Vice President Kamala Harris marks quite the return for a twice-impeached president

He claimed: ‘Kamala and her cabinet actively tried not to say the word crypto. They actively tried to shun and not engage with the community and this was evident.

It comes as Donald Trump made a shocking political comeback and regained the White House after being declared the winner of the 2024 U.S. presidential election.

He becomes the first president in over 130 years – and only the second in history – to win a non-consecutive second term.

His defeat of Vice President Kamala Harris marks quite the return for a twice-impeached president, who left office in 2021 on the back of claims that he had incited an assault on the U.S. Capitol building, and who was convicted earlier this year on multiple counts of business fraud.

The 78-year-old Trump will also become the oldest president ever inaugurated, beating President Joe Bidens record by five months.