The first scenario involves a price rise on a wave of optimism, as Trump is perceived as being loyal to the crypto industry. However, the second, more cautious option is a “buy the rumor, sell the news” strategy. In this case, the initial rise may be followed by a correction when the excitement dies down.

In the long term, the president’s influence on the crypto market is likely to be limited. Regardless of the political course, the rise of digital assets is inevitable. The U.S. must adapt its regulations to remain competitive in a rapidly changing global financial environment.

It is important for traders to remain cautious in volatile conditions. Take profits at key levels and manage risks to avoid becoming a victim of market speculation.

Follow me @Sasha why NOT

#BTC #binance $BTC #Trump2024