These policies have increased confidence in the crypto market. A day before the inauguration, Bitcoin reached an all-time high of $109,350.72. This is being considered as one of the signs of the new pro-crypto stance of the US.
Trump’s Crypto Journey:
Trump’s stance on crypto was earlier critical, but now his pro-crypto approach shows his evolution. The popularity of his and First Lady Melania Trump’s memecoins ($TRUMP and $MELANIA) also shows that they are actively embracing the crypto ecosystem.
If the Trump administration fulfills its crypto-friendly promises, the US will not only become an attractive destination for crypto entrepreneurs and investors but it can also take the position of a global leader in the industry. This can be the beginning of a new and promising era for the crypto community.
