Donald Trump may provoke rapid growth of the crypto market

Donald Trump’s predicted policy on cryptocurrencies could significantly change the digital asset market, boosting its growth. Experts note that the 47th US president’s intention to grant cryptocurrencies the status of a national priority and create appropriate regulatory conditions can have a significant positive impact on the industry.

Among Trump’s proposals is the creation of a cryptocurrency advisory council to establish a dialogue between the government and industry representatives. The idea of forming a national reserve, which will include the cryptocurrencies USDC $1.00 zkSync Bridged USDC (zkSync) -0.11% Market capitalization $61.34 million VOL. 24 hours $2.3 billion , XRP $3.17 XRP 1.70% Market capitalization $182.57 billion VOL. 24 hours $1.16 billion and SOL $249.94 Solana 4.53% Market capitalization $121.62 billion VOL. 24 hours $1.88 billion , is also being considered. This may stimulate investment sentiment and cause an influx of capital into the industry.

Against the backdrop of this news, bitcoinshowed growth, peaking at $ 109,000. Other crypto assets have also significantly increased in price. Thus, XRP recorded 9% growth, and Solana rose by 4.5%. Experts predict that the market will remain active if the positive regulatory course is maintained.

Analysts point out that the implementation of projects aimed at integrating cryptocurrencies into the US financial system may lead to a favorable environment for investors. Meanwhile, there remains a risk of possible market volatility due to the unpredictability of regulatory changes.