Crypto Daily – As the market pauses to catch its breath, the $BTC price is currently consolidating around the $75,000 price level. With a marked positive change towards about to be implemented, as the new Trump administration begins its tenure in January, could $BTC surge into the end of the year?
Everything changes for Bitcoin
What a difference an election day makes. Not many hours after the polls closed in the U.S. election, the future for Bitcoin became immeasurably better. The Trump win takes Bitcoin and crypto out of all the perils that an unfriendly U.S. administration was inflicting, and now this disruptive technology can have its chance to improve money.
On the regulatory front, things couldn’t be much better. Trump has promised to fire hugely unpopular SEC chairman Gary Gensler on the first day that he takes office. Other measures are also promised that will potentially put Operation Chokepoint 2.0 into the garbage can of history.