The anticipation of a significant altcoin rally is growing as retail investor interest surges following recent electoral victories in the U.S. Industry analysts are optimistic about the post-election crypto market, noting a 1.5% increase in total market capitalization within just one day. Matthew Sigel, Head of Digital Assets Research at VanEck, suggests that the recent victory of the Republican Party could pave the way for a more crypto-friendly regulatory landscape. Sigel criticized the current regulatory environment, stating that the SEC's approach has hindered innovation and resulted in undue penalties for cryptocurrency participants. He called for updated regulations that reflect inflation and create a more encouraging environment for emerging technologies.
- Content Editor ( en.coinotag.com )
- 2024-11-09
Could Bitcoin’s Post-Election Surge Signal Upcoming Retail-Driven Altcoin Rally?