If Trump really becomes the president of the United States again, it may be beneficial to the cryptocurrency market. First of all, he may make the regulation of cryptocurrencies more relaxed, so that the development and application of cryptocurrencies can be faster and more powerful.
Let's talk about the national debt. When Trump was president, foreign funds withdrew from the U.S. Treasury market much faster than Biden. In this way, more people may be optimistic about cryptocurrencies such as Bitcoin and think that they are more valuable for investment.
In addition to these, the Trump administration may also directly support the development of Bitcoin and other digital assets, such as approving U.S. spot ETFs. In this way, the cryptocurrency market can get more positive impetus and attract more investors.
In short, if Trump is president again, the cryptocurrency market may usher in a new wave of development opportunities. Of course, this also depends on the specific situation and the actual actions of the Trump administration.
