Crypto may boom after Donald Trump becomes president
2 comments
Trump's triumph could have significant implications for cryptocurrency enthusiasts. We can already see that the price of bitcoin has achieved a new all-time high, and certain altcoins are also rising. Donald Trump is thought to be a crypto-friendly individual, and there is a lot of optimism that the use of cryptocurrencies will improve. We had a great time with altcoins a few years ago, but when BTC had a significant increase last year, altcoins did not do as well as planned.
source
The situation with cryptocurrency may alter after Donald Trump returns. The crypto industry is already booming, which is a good indication, and if altcoins rise, it will be very beneficial to investors. Some altcoins are expected to perform extremely well. As always, my only hope is on Hive because the most of my investments are on Hive, and the only hope is that the price of Hive will rise to at least $3. The proliferation of rival cryptocurrencies is lowering the value of some older altcoins.
source
It is tough to forecast if cryptocurrency would improve after Donald Trump. But many people think it could be better. There are reports that there may be more personnel in the SEC who embrace digital assets. Digital assets will become increasingly important in the future. I know many people foresaw this boom, and the market is reacting positively to the news. Some cryptocurrency assets' values have increased. Hopefully, he will steer crypto in the correct path, allowing us to experience a bull market for not only BTC but also altcoins.
Comments