Bitcoin and the broader cryptocurrency market have seen a resurgence since Trump’s election victory became clear. An industry formerly on the fringe of finance has drawn in institutional interest, interest from young investors, and interest from those interested in disrupting the current financial system.
The recent shift in the political environment is likely to lead to a change in the regulatory perspective on the industry, and recent financial innovations have made cryptocurrencies more accessible than ever. Furthermore, various interest groups associated with the industry lobbied the Trump campaign heavily and have touted his victory as a major win for the ecosystem.
Following the election, crypto assets and equities associated with the industry, such as crypto exchanges, have seen significant appreciation. The recent performance, breadth of the market, and the potential for a shift in the regulatory environment necessitates…
