The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
Javier Milei is set to become the next president of Argentina after his opponent, Sergio Massa, conceded defeat. With 87% of the votes counted, Milei had a commanding lead with 56% of the tally compared to Massa’s 44%. This news has had an impact on the cryptocurrency market, particularly bitcoin, which began to rise in value following speculation about Milei’s strong showing. In the aftermath of Massa’s concession, bitcoin has seen a 2% increase over the past 24 hours, reaching a value of $37,150. Milei has been a vocal critic of the central bank, describing it as a scam. He has expressed support for bitcoin, seeing it as a means to return control of money to the private sector, which he believes is its rightful creator.