RE: Weekend Gamble18 Jan 2025 14:36
Trump is set to release an executive order making crypto a national priority. No clarity on what that means exactly, hence the anticipation of great bullish news but not clarified as yet so not fully priced in. There will also be a more crypto friendly SEC. Coins and crypto projects outside of bitcoin arguably stand to gain more from clear and supportive policy and regulation, (which Trump has very vocally expressed a desire for) as they've been more of a target of SEC lawsuits and alleged banking discrimination under the Biden administration. The effects of all these changes will take time to be felt - but it looks extremely positive for the crypto market as a whole. There's also talk of other crypto projects being permitted to be held within ETF's - Trump has expressed positive noises about this, in particular USA based crypto projects. So, overall, we could actually get a stream of exciting, positive statements for the whole crypto market, driving it forward to ever new highs over coming weeks & months.