Crypto investors are very happy under the new President Trump.
Just a day ago, Trump signed an executive order to promote the use of crypto. Trump appointed venture capitalist David Sack as the head of the White House’s Crypto and AI division.
Under Trump, if the regulation is strengthened, the crypto sector will gain stability and official recognition. Trump, who was previously critical of crypto, has now been encouraging the development of crypto, and his administration has more crypto supporters than ever before.
This is also why there is optimism about the crypto market. Binance CEO Richardson, one of the world’s leading crypto exchanges, also said that the crypto market will reach its peak this year.
It is still unclear how much crypto will be able to reach, but recently, the price of Bitcoin has risen to $ 104,000.