Will crypto continue to rally? Trump's first 100 days will be the key.
The cryptocurrency market is rallying, with Bitcoin surpassing $100,000, driven by President-elect Donald Trump's pro-crypto stance. His campaign promises to deregulate the sector and his selection of crypto advocate Paul Atkins for the SEC signal a favorable environment for digital assets. Analysts predict further growth, with Bitcoin possibly hitting $200,000 by year-end.
However, experts warn that deregulation could heighten market volatility and risks of financial instability. The first 100 days of Trump's administration will be pivotal in shaping the future of crypto markets. Investors are optimistic but cautious about potential regulatory challenges.
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