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Analysis: Regulatory headwinds in the cryptocurrency market have turned into tailwinds after Trump's victory

--・Verified Binance official account

AI Summary

After Trump's victory, the headwind of cryptocurrency regulation turned into a tailwind, and regulatory transparency is expected to accelerate, and the goal of the Bitcoin bull market cycle remains unchanged.

According to Odaily Planet Daily, Bernstein's analysis team led by Gautam Chhugani said that the regulatory headwinds in the cryptocurrency market have turned into tailwinds after Donald Trump's victory in the election. Analysts also reiterated their forecast that Bitcoin will approach $90,000 by the end of this year and reach a bull cycle target of $200,000 in 2025, and expect the new "crypto-friendly" SEC chairman and Senate Banking Committee to accelerate regulatory transparency in the industry.

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Analysis: Regulatory headwinds in the cryptocurrency market have turned into tailwinds after Trump's victory

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