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What Could Happen to Bitcoin Price on the Day of Trump’s Inauguration? How Will Cryptocurrencies Move After Trump? Analyst Evaluated

The cryptocurrency market is preparing for potential volatility as the new U.S. administration takes office. The future of crypto under President Trump is being debated by investors, with conflicting elements of the administration's agenda potentially impacting the market. A pro-crypto White House and Congress could lead to better regulation, but policies like tariffs that strengthen the dollar may weigh on Bitcoin's price. Despite short-term risks, analysts are optimistic about Bitcoin's long-term potential, with growing popularity of Bitcoin ETFs and regulatory clarity potentially boosting prices. However, the effects of regulatory progress may not be felt until later in the year, leaving room for market uncertainty. The impact of Bitcoin ETFs, such as BlackRock's IBIT, has been significant, but recent outflows indicate a consolidation phase for the cryptocurrency. The inauguration could either prompt a temporary shakeout or set the stage for a stronger rally.

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