For the first time in history, the U.S. will have a pro-crypto president.
Let that sink in for a moment, because the impact this will have is huge.
When you think about how far this industry has come with an anti-crypto government, it’s very impressive. So when the U.S. has an administration that is actually supportive of crypto and actively encouraging of innovation, it opens up a whole world of potential!
Whether you love Trump or hate him, this is the result that the crypto industry wanted.
We all saw how Trump’s win sent the market skyrocketing. It kickstarted the phase of the bull market that we’ve all been waiting for. We saw Bitcoin smash through its all-time after 7 months of consolidation, creating a perfect storm of bullish sentiment in the market!
Trump appears to have fully embraced crypto, even launching his own DeFi project, World Liberty Financial. If this doesn’t signal the direction things are heading under Trump’s presidency, I don’t know what does.
Trump has made some bold promises to the crypto community, and if he follows through, the impact on the market could be unprecedented:
And it doesn’t stop there. Senator Cynthia Lummis has put forth a plan that would see the U.S. government purchasing 1 million BTC over the next five years. Imagine the scarcity and demand this would create? Bitcoin’s supply is capped at 21 million coins, so Government accumulation at this scale would be a game-changer.
The combination of a supportive government, interest rate cuts, institutional investment from ETFs and growing mainstream interest could trigger an entirely new era for crypto. We’re at a tipping point, and if Trump and his team keep their promises, it will launch crypto into a whole new stratosphere!
So, could this be the most bullish news yet for crypto?
All signs point to yes.
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