the chances of Trump winning the elections is now higher than it's ever been. In his vow to the US people he said he'll make the country the “crypto capital of the planet and the Bitcoin superpower of the world." so if he succeeds to win the presidential election, do you think it'll significantly increase the price of Bitcoin and cryptocurrency in general??
Yes Bitcoin really played a significant role in the emergence of Donald trump's victory as president elect of the united state of America and I think It was due to his promises concerning crypto especially Bitcoin that made him to win as allot of people where convince about his promises concerning crypto and already he is setting plans in motion concerning his promise as regards crypto currently Bitcoin has reached a all time high in price and is still expected to rise so I can say that for the past few months trump has really has a positive effects on the crypto market generally causing it to appreciate in price
When it comes to Bitcoin, strong policy can give big support to the price but also to the market confidence. However, when such planned plan is executed, we will realise the great potential of this technology and stand for the technology a stronger place in the financial world. It proves that together innovation and policy can drive wider adoption.
If this is something that is followed through with actions like these then the result is not just price growth, but the stability of the crypto ecosystem as a whole. This way the future of crypto as a future permanent element in the modern financial system will evolve much faster without affecting all market players and the wider community equally.