The currency implemented strict regulatory measures and targeted the cryptocurrency industry. Due to his strong regulatory stance on cryptocurrencies, he has been dubbed the 'public enemy of the crypto world'.
The resignation of Gensler was generally welcomed by the cryptocurrency industry, stimulating further increases in Bitcoin prices.
In addition, the market generally believes that Trump's supportive attitude towards cryptocurrencies and a more relaxed regulatory environment will help the development of the industry. Trump has repeatedly expressed a friendly attitude towards cryptocurrencies. He believes that cryptocurrencies have future potential, especially in terms of anti-inflation and asset protection advantages. After Trump took office, the market's optimistic expectations for the cryptocurrency industry increased.
It is noteworthy that with the rise in Bitcoin prices, Bitcoin ETFs have also entered a capital-raising mode. According to relevant data, the total assets of ETFs directly investing in Bitcoin in the United States have exceeded $100 billion.
Regarding the future trend of Bitcoin, American billionaire and well-known cryptocurrency investor Michael Novogratz recently stated that Bitcoin is bound to break through the $100,000 mark, but may then decline by as much as 20%. He believes that the leverage in the cryptocurrency community has reached its limit, which will lead to adjustments, and stocks and ETFs with high leverage will also face troubles. Investors should be wary of potential risks such as market volatility and regulatory uncertainty, and take corresponding risk management measures.#谁将成美SEC新主席？ #BTC创历史最大月度涨幅 #比特币突破10万？ #ETH市场新动向 #SOL创历史新高
