Former President Donald Trump's pro-crypto stance has garnered attention from Bitcoin enthusiasts and analysts as the 2024 U.S. presidential election approaches. Trump's proposed policies include removing SEC Chair Gary Gensler and creating a crypto advisory council, which could centralize crypto within national policy and potentially lead to industry growth. The idea that a Trump victory could boost Bitcoin's growth has fueled anticipation in the crypto market. Experts believe Trump's non-hostile stance on cryptocurrencies has attracted support from crypto-focused voters. Trump's potential SEC appointments could expedite ETF approvals and favor altcoins, potentially diversifying the market.



Other News from Today