What's with the question? Isn't it obvious? For the past week alone, Bitcoin grew 20%. Within the year, the price has already increased more than 100%. So, apparently, Bitcoin isn't in any kind of trouble. On the contrary, it is in its most bullish form. ATHs have been quickly shattered one after another.
Trump is pro-Bitcoin, at least in words. Whatever that means, or whether that's true or not, doesn't matter that much. That the next US president publicly expresses his support for Bitcoin is good enough assurance that adoption won't be hindered by strict, even inimical, regulatory policies. That has somehow made the overall sentiment extremely optimistic.
Forget about the crypto that Trump and Elon are associated with. It's either a scam or a shitcoin.
There’s a lot of curiosity and speculation about how a Trump presidency could impact Bitcoin and other cryptocurrencies. Historically, Trump has been skeptical of Bitcoin, previously calling it a "scam" and favoring the U.S. dollar. However, Bitcoin has often reacted positively to significant news events, political or otherwise, due to increased market speculation and attention. It's likely that recent price fluctuations are more tied to broader market activity than a direct result of Trump’s election win.
The rumor about Trump and Elon Musk pushing a new cryptocurrency hasn’t been substantiated. Musk has, however, supported and influenced various crypto markets (such as Dogecoin), but there’s no verified link between him, Trump, and any new digital currency.
As for regulation, Trump’s influence might lead to more scrutiny or favoring government-backed stablecoins, but it’s unclear if that would translate to stricter policies. Regulatory interest in crypto is growing worldwide, regardless of who’s in power, but Bitcoin's decentralized nature makes it hard to fully regulate or control.