EXCLUSIVE: Will Trump's Possible Return To Power Make Bitcoin, Ethereum Go Boom Or Bust? Experts Weigh In On Crypto's Regulatory Future (CORRECTED)
Portfolio Pulse from Aniket Verma
Experts weigh in on the potential impact of former President Donald Trump's return to power on the cryptocurrency market, particularly Bitcoin and Ethereum. Key predictions include possible personnel changes at the SEC, executive orders favoring crypto, and significant political resistance, especially from Senator Elizabeth Warren.
May 30, 2024 | 11:30 am
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NEUTRAL IMPACT
XRP could face significant political resistance despite potential pro-crypto policies from Trump, particularly from Senator Elizabeth Warren.
While Trump's policies could be favorable, strong opposition from influential figures like Senator Warren could limit the positive impact on XRP.
CONFIDENCE 65
IMPORTANCE 70
RELEVANCE 60
POSITIVE IMPACT
Bitcoin could see significant regulatory changes if Trump returns to power, including potential SEC personnel shifts and executive orders favoring the crypto industry.
Trump's pro-crypto stance and potential SEC changes could create a favorable regulatory environment for Bitcoin, boosting its price.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 80
POSITIVE IMPACT
Ethereum could experience a surge due to potential pro-crypto policies from Trump, including executive orders and a comprehensive crypto industry bill.
Trump's potential executive orders and encouragement for a comprehensive crypto bill could positively impact Ethereum's regulatory environment and price.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 70