Will Trump's election really bring the cryptocurrency market into a bull market?
Definitely, Trump will take power directly. . .
Let's review the ten new cryptocurrency policies promised by Trump:
1. Make the United States the world's cryptocurrency capital;
2. Fire SEC Chairman Gensler;
3. Establish a strategic Bitcoin reserve;
4. Prevent the United States from selling its Bitcoin holdings;
5. Prevent the US government from further developing CBDC;
6. Propose a comprehensive cryptocurrency policy;
7. Stop the crusade against cryptocurrency within one hour after taking office;
8. End the illegal suppression of the crypto industry by the United States;
9. Suggest using cryptocurrency to solve the US debt problem;
10. Reduce the sentence of Ross Ulbricht, the founder of Silk Road.
The shoe has dropped, and Trump is in power!
The cryptocurrency circle has declared its support for Trump with the increase in price.
In the general election, the Conservatives led by Trump won the victory.
The dust has settled in the cryptocurrency circle, and the regulatory bull is about to come.
Looking back at Trump's speech, he has always been very supportive of cryptocurrency. In this election, his number one contributor, Musk, is also very supportive of cryptocurrency.
As for whether he will fulfill his promise to make Bitcoin a reserve asset for the United States, let's not talk about it for now.
But after he came to power, the SEC, the Treasury Department, the Federal Reserve and other institutions have changed blood. This reshuffle is also good for the currency circle to some extent.
In the past, various project parties did not dare to develop vigorously. After all, there are masters watching above. Once the supervision is implemented, the development will be bolder.
Of course, scammers will also be dealt with slowly, but there will definitely be scams.
As for whether there will be a big bull next year, I'm afraid only God knows, but according to Trump, it will increase the Federal Reserve's interest rate cuts, which is also good.
I won't say much about anything else, just look at whether you have hoarded it!
