Trump’s victory & Republican senate majority
Donald Trump’s recent victory in the U.S. presidential election, coupled with a newly Republican-led Senate, has sparked optimism in the American crypto industry. This became visible in the rising Bitcoin price when it became clear that Trump was winning. With both executive and legislative branches appearing favourable toward digital assets, many crypto advocates hope to see significant changes in regulation and growth opportunities within the sector. Trump’s promises on the campaign trail and the election of a Republican majority in the Senate signal a shift that could bring clarity, innovation, and a lighter regulatory touch to the industry, making the U.S. a more competitive player in…