To be honest, will Trump's election be good for the cryptocurrency industry? #Binance #山寨币热点
Trump has not been friendly to cryptocurrencies in the past, but he has also used them to some extent.
Now his enthusiasm may just be to win votes.
But Standard Chartered's analysis report points out an interesting point: the United States may be facing a dollar credit crisis, which may prompt investors to look for other safe-haven assets, including cryptocurrencies.
If investors use cryptocurrencies as a safe-haven tool, this will drive the rise of cryptocurrencies. In this case, Trump may give up suppressing cryptocurrencies.
Standard Chartered Bank even predicts that the price of Bitcoin will reach $150,000 by the end of the year.
So, perhaps it is wise to take a long-term view.
In the future, perhaps the situation in the cryptocurrency industry will change positively, but we still need to be cautious, because the political situation is unpredictable and everything is possible.
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