Bitcoin has reached a record high of $94,000, signaling optimism in the cryptocurrency industry. However, Ripple CEO Brad Garlinghouse criticized the Biden administration for its perceived hostility towards crypto, citing regulatory challenges faced by Ripple. He expressed hope for a friendlier regulatory approach under the Trump administration and emphasized the importance of appointing leaders with crypto expertise. Garlinghouse believes that clearer regulation and U.S. leadership in the global crypto economy can revitalize the U.S. crypto market.
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