How will the latest moves by the United States affect Bitcoin?

The latest actions from the U.S. government, especially under the leadership of President Donald Trump, have the potential to create a significant positive impact on Bitcoin. Trump's recent election victory has brought hope for a more cryptocurrency-friendly regulatory environment, opening up opportunities for the growth and development of Bitcoin as a mainstream and more legitimate investment asset in the U.S.

Previously, the Biden administration implemented strict controls on cryptocurrency activities. However, Trump has committed to enacting favorable policies for the industry, including establishing a national Bitcoin reserve and eliminating current stringent regulations. The resignation of Gary Gensler, former Chairman of the Securities and Exchange Commission (SEC), also creates an optimistic atmosphere, encouraging investors to engage in the cryptocurrency market without fearing excessive regulatory measures.

These factors, combined with increasing investment from Bitcoin ETF funds, have brought Bitcoin closer to a new historical milestone, generating significant momentum for its value in the future.