#特朗普 #美众议院通过FIT21法案

According to Fayyaz Hirzadeh, Coinbase's senior policy director, the U.S. Congress is expected to quickly pass regulatory legislation regarding the cryptocurrency industry after Trump takes office. This is because Trump has previously expressed clear support for cryptocurrencies, and the Republican Party has gained control of both the House of Representatives and the Senate, which will make the process of Congress approving crypto laws smoother. The two key pieces of legislation currently under consideration by Congress, the "21st Century Financial Innovation and Technology Act" and the "Payment Stablecoin Clarity Act," are expected to make significant progress and pass. The former aims to establish a legal framework for digital assets, while the latter aims to establish a regulatory framework for stablecoin issuers.

Appointment of relevant officials: Trump appointed former PayPal COO David Sacks as the head of artificial intelligence and cryptocurrency affairs at the White House. Sacks will guide government policy on artificial intelligence and cryptocurrencies, aiming to establish a legal framework for the crypto industry to thrive in the U.S. Additionally, Trump appointed Paul Atkins as the next chairman of the U.S. Securities and Exchange Commission (SEC), with Atkins being a supporter of the cryptocurrency space.

Market Reaction

Bitcoin price surge: Following Trump's election victory, the price of Bitcoin saw a strong surge, briefly breaking the $80,000 mark and setting a new all-time high. Since winning the election, Bitcoin's price has repeatedly reached new heights, with a cumulative increase of over 10% from November 6 to November 10, and an approximate rise of 40% in the past two months, up nearly 80% for the year. In December, Bitcoin's trading price hovered around $97,511, although it faced resistance near the $100,000 threshold, the overall increase remains significant.

Other cryptocurrencies follow suit: Not only Bitcoin, but other cryptocurrencies such as Ethereum, Litecoin, Dogecoin, and Ripple have also experienced explosive growth. For instance, Ethereum rose 5.99% in the 24 hours leading up to November 6, while Ripple has recently seen a parabolic rise as investors expect the SEC to withdraw its crackdown, and some investment firms are seeking to launch Ripple initiatives. #美国ETF继续增持btc

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