to becoming a vocal supporter of cryptocurrencies during 2024’s election campaign, the 47th President of the United States has embraced a new identity as the “crypto president.”a “strategic national Bitcoin stockpile,” and criticized the Biden administration’s tough stance on crypto. He even introduced his own crypto project, signaling a profound shift in his position on digital assets.
This surge can be largely attributed to the optimism surrounding the new administration. Crypto enthusiasts are now hopeful for a more favorable stance on digital assets, compared to the Biden administration’s approach.Amid growing speculation, investment bank Standard Chartered has projected that the cumulative cryptocurrency market capitalization could hit $10 trillion by the end of 2026 – Possible upon a Republican sweep that could usher in pro-crypto policies.