ChainCatcher News, November 7, Bitfinex analysts expect that after Trump is elected President of the United States, the crypto market will welcome a "new wave of hope".

As the industry anticipates a less hostile attitude from federal agencies towards cryptocurrencies, this trend is expected to encourage more capital inflow into the Web3 space. Analysts state: "We expect that in the short term, a large amount of capital will be unleashed for the crypto sector. Additionally, this may impact the approach taken by the U.S. SEC, which the industry generally perceives as hostile towards the crypto industry."