Is Bitcoin in trouble or under new regulate now that Trump will be President...I have heard that there is some new crypto that he and Elon
are trying to push. I must admit that bitcoin value did rise once Trump won the election. Can anyone provide some clarification?
I believe it is early to speculate whether Trump will impose regulation that is detrimental to Bitcoin industry. So far Trump had been supportive of Bitcoin but we still have to see whether this support is genuine or not.
With regards to Bitcoin uptrend, I think it is already due and the market is actually to rally before even Trump won the election. Trump winning adds only a little fuel to the Bitcoin surge since we have yet to see Trump implementing stuff that will really push Bitcoin up. It is only in words yet, like when he said He will fire Gensler and yet that has not happened yet.