Crypto industry optimistic about Trump's presidency, pushing for pro-crypto policies and predicting Bitcoin's growth

From Investing.com

November 14, 2024 3:41:03 pm:

The crypto industry is hopeful for a crypto-friendly regime under President-elect Donald Trump, anticipating policies promoting digital assets. Industry executives foresee potential executive orders and regulatory framework creation to drive widespread adoption. Industry experts predict Bitcoin surpassing $100,000 amid rising policy optimism under Trump’s administration.

With Republicans expected to take the House, the crypto industry anticipates a smoother path for pro-crypto legislation. Many crypto companies spent over $119 million supporting pro-crypto congressional candidates, resulting in key wins. Trump’s promises of a U.S. bitcoin reserve and softer banking regulations on crypto offer hope for industry growth and legitimacy.

Read more at Investing.com: Analysis-Crypto industry pushes for policy sea change after Trump victory By Reuters