Analysts Think Trump's Inauguration Will Bring Noise to 2025 Crypto Market

Src: Bloomberg

The crypto market is seeing significant activity ahead of Donald Trump's inauguration with analysts thinking high volatility.

Bitcoin has surged, recently valued around $104,000, while smaller altcoins like XRP and Litecoin have seen substantial gains, reflecting investor optimism about Trump's pro-crypto policies.

Expected executive orders prioritizing crypto and the establishment of a crypto advisory council could further impact market dynamics, although some experts warn of potential "Pump and Dump" scenarios as talk rises.

Investors are reacting positively to the potential establishment of Donald Trump's Crypto Advisory Council, expecting it will enhance regulatory clarity and promote a friendly environment for digital assets.

The council aims to streamline regulations and cooperate with Congress, boosting confidence in the crypto industry.

Major companies like Coinbase and Ripple are eager to participate, reflecting optimism about Trump's pro-crypto agenda.

Trump's pro-crypto policies could enhance the competitiveness of U.S. blockchain companies globally by fostering a more supportive regulatory environment.

However, consumer advocacy groups have raised concerns about potential conflicts of interest, which could impact the formation process of the council.

Overall, the inauguration is anticipated to bring both excitement and uncertainty to the crypto landscape.

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