Bitcoin's recent surge, hitting $103,000 after Trump's election win, is attributed to positive policy expectations under his administration, enhancing the cryptocurrency's market confidence.
Trump's choice of Paul Atkins, a known advocate for cryptocurrency, as SEC chairman signals potential regulatory changes that the crypto market hopes will support future growth.
Experts believe that Trump’s pro-crypto stance and potential new roles like 'crypto czar' could provide a more favorable environment for digital assets moving forward.
With Bitcoin's significant rise since the election, many investors are optimistic about what this administration will mean for the future of cryptocurrencies.
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