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Will Trump's election be good for the cryptocurrency industry? We all know that Trump is a fundamentalist of the US dollar. In his past history, he was very unfriendly to cryptocurrencies. Even though he had used cryptocurrencies to make profits for himself, it does not mean that he would support the development of cryptocurrencies. Although he has shown great enthusiasm for cryptocurrencies now, everyone knows that his purpose is nothing more than votes. After he really comes to power, that is another matter. However, today's analysis report from Standard Chartered Bank gave the opposite opinion. The report believes that the United States is now experiencing a credit crisis of the US dollar, which may cause investors to look for safe-haven assets other than the US dollar. Cryptocurrency may become one of the investment options. Once investors choose cryptocurrency as a safe-haven tool, it will greatly promote the rise of cryptocurrency. And Trump may give up suppressing cryptocurrency. Standard Chartered Bank predicts that Bitcoin will reach $150,000 by the end of the year. So, what are you still worried about? Take a long-term view, the future belongs to you, don't fall before dawn. Come on, people in the cryptocurrency industry, Welcome to follow: Minus Thirteen Degrees Let's go through the bull and bear markets together and see through the world of cryptocurrency.

Will Trump's election be good for the cryptocurrency industry?

We all know that Trump is a fundamentalist of the US dollar. In his past history, he was very unfriendly to cryptocurrencies. Even though he had used cryptocurrencies to make profits for himself, it does not mean that he would support the development of cryptocurrencies.

Although he has shown great enthusiasm for cryptocurrencies now, everyone knows that his purpose is nothing more than votes.

After he really comes to power, that is another matter.

However, today's analysis report from Standard Chartered Bank gave the opposite opinion. The report believes that the United States is now experiencing a credit crisis of the US dollar, which may cause investors to look for safe-haven assets other than the US dollar.

Cryptocurrency may become one of the investment options.

Once investors choose cryptocurrency as a safe-haven tool, it will greatly promote the rise of cryptocurrency.

And Trump may give up suppressing cryptocurrency.

Standard Chartered Bank predicts that Bitcoin will reach $150,000 by the end of the year.

So, what are you still worried about?

Take a long-term view, the future belongs to you, don't fall before dawn.

Come on, people in the cryptocurrency industry,

Welcome to follow: Minus Thirteen Degrees

Let's go through the bull and bear markets together and see through the world of cryptocurrency.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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