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Analysis: Trump's rallying power is astonishing, the United States regains the 'Crypto Assets dominance'

Odaily Planet Daily News As 2025 approaches, the center of the Cryptocurrency market has returned to the United States, thanks to Trump’s re-election as president and the continued expansion of demand for digital asset funds and Derivatives contracts in the United States. Trump has vowed to make the United States a key player in the Cryptocurrency industry, igniting a trading frenzy. In addition, the unexpected success of the US BTC exchange-traded fund (ETF) launched in 2024 has sparked a surge in trading activity. As a result, the United States is increasingly becoming key to digital asset liquidity and benchmark pricing, and in the past year, Asia has seemed to be the biggest beneficiary of the Biden administration’s crackdown on Cryptocurrency, a policy that Trump is now reversing. In addition, since the US BTC ETF went online in January, the total daily trading volume has exceeded $500 billion, with a net inflow of about $36 billion. BlackRock’s iShares BTC Trust Fund is one of the most successful funds ever. Under Trump’s leadership, the scale of the US encryption ETF is expected to expand beyond just BTC and Ethereum products. (Jinse)

BTC-4.58%
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