How Will This Week’s US Economic Data Impact #Crypto Markets?
Donald Trump's stance on cryptocurrency
- *Support for Crypto Industry*: Trump has declared that America should accept no other position than the leading position in the crypto industry.
- *Crypto Donations*: Trump's presidential campaign has announced that it will accept cryptocurrency donations.
- *Positive Attitude*: Trump's recent positive attitude towards cryptocurrencies has raised expectations in the crypto industry about his possible victory.
- *Pro-Crypto Statements*: Trump has made positive public statements about cryptocurrency, and he has also reportedly met with crypto enthusiasts.
- *Softening of Opposition*: Following Trump's pro-cryptocurrency statements and actions, the Biden administration's opposition to cryptocurrencies as well as the traditionally unfavorable attitude of the Securities and Exchange Commission (SEC) seems to have become softer.