Bitcoin will benefit from the Trump administration's efforts to establish a regulatory framework around cryptocurrencies. He believes that the current U.S. government politically views cryptocurrencies as a focus on financial innovation (, such as through stablecoins ), rather than as a "mainstream" representative of "big banks."
The weakness of the US dollar has been one of the important drivers of Bitcoin's rise, and the dollar index has fallen to its lowest point since March 2022. Against the backdrop of a weakening dollar, Bitcoin is more attractive to investors looking for a safe haven.
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Bitcoin will benefit from the Trump administration's efforts to establish a regulatory framework around cryptocurrencies. He believes that the current U.S. government politically views cryptocurrencies as a focus on financial innovation (, such as through stablecoins ), rather than as a "mainstream" representative of "big banks."
The weakness of the US dollar has been one of the important drivers of Bitcoin's rise, and the dollar index has fallen to its lowest point since March 2022. Against the backdrop of a weakening dollar, Bitcoin is more attractive to investors looking for a safe haven.