Golden Finance reported that JPMorgan (JPM) stated in a report on Wednesday that Donald Trump's victory in the November presidential election has ushered in a new era for cryptocurrency in the United States, noting that since his election, the total market value of cryptocurrencies has increased by approximately 65%. Analysts led by Kenneth Worthington wrote: 'The new government has not only brought a crypto-friendly sentiment but has also shown enthusiasm for promoting this asset class; Trump's nomination of the chairman of the Commodity Futures Trading Commission (CFTC) is a missing piece in the government's support of the cryptocurrency agenda. This position is important because it could play a significant role in regulating Bitcoin (BTC) and Ethereum (ETH).'