The election drives BTC to break 75,000, and Trump may lead Web3 to a comeback!
On November 6, Huobi HTX's official Twitter launched a Space event themed "Accompanying the U.S. dust settles, witnessing BTC's new high." Huobi HTX global advisor Sun Yuchen engaged in intense discussions with several guests about the results of the U.S. election and its profound impact on the crypto market. When discussing the prospect of Trump potentially returning to the presidency, Sun Yuchen made a shocking remark: "This will bring a 180-degree turnaround for Web3!"
Sun Yuchen pointed out that if Trump comes to power, the policy environment in the U.S. may become extremely relaxed, releasing tremendous innovative vitality for the Web3 field, allowing the industry to shake off the heavy restrictions of the past four years and truly move towards the mainstream. During the voting period, Bitcoin broke through 75,000 USD, once again setting a historical record! Sun Yuchen believes this is just the beginning, and the current increase in cryptocurrencies has yet to reach the "ceiling."
The regulatory pressure over the past four years has challenged the confidence within the industry, compounded by outsiders' misunderstandings about crypto, further exacerbating the information gap. This prompted Sun Yuchen to issue a warning: once Trump's policies are "set," the market may welcome a rapid rise, and we must not underestimate the opportunities brought by this variable. In the future, with the global penetration of crypto assets, under the dual support of policies and markets, the mainstreaming of cryptocurrencies is just a matter of time, and social and political status will inevitably become increasingly important.
A bull market is imminent, opportunities are right in front of us, Lao Chen is ready, how about you?
