The cryptocurrency market has grown significantly amid US regulatory policy

Bitcoin BTC $118,639.98 Bitcoin -1.67% Market capitalization $2.36 trillion VOL. 24 hours $2.2 billion , Ethereum ETH $4,265.14 Bridged Ether (StarkGate) 1.83% Market capitalization $0.11 billion VOL. 24 hours $2.66 billion , and Dogecoin DOGE $0.22 Binance-Peg Dogecoin -3.44% Market capitalization $0.57 billion VOL. 24 hours $0.27 billion showed growth on Monday amid positive comments from Donald Trump on the wider adoption of BTC. The former U.S. president called the growing popularity of bitcoin a «great thing,» which was another factor supporting the digital asset market.

According to market data, bitcoin’s value has risen again after several days of volatility, while Ethereum and Dogecoin have followed the dynamics of the flagship cryptocurrency. Traders and analysts point to a decrease in sales pressure on bitcoin, which may indicate a gradual depletion of supply from long-term investors.

Some market participants point out that public statements by leaders and politicians, including Donald Trump, can affect market confidence and increase interest from new investors. The latest analysts' estimates, which point to a reduction in the risks of short-term sell-offs, which has historically supported prices for major cryptocurrencies, have an additional positive effect.

Experts also note that the current market situation is favorable for bitcoin and other major crypto assets, and increased attention to the introduction of cryptocurrencies in the United States may further strengthen their positions in the medium term.

In general, the market continues to monitor events in the political arena and the dynamics of major players, which remains an important factor in shaping prices and sentiment in the cryptocurrency sector.