Trump has signed legislation reversing an IRS rule affecting DeFi brokers, signaling a pro-crypto policy shift. This change is anticipated to boost market conditions, particularly for Bitcoin, amidst increased regulatory clarity.
Bitcoin's market value is rising, following the announcement of Trump's bill signing ceremony scheduled for next Monday. Analysts believe this positive sentiment could attract institutional investment and enhance DeFi market activity.
The cryptocurrency community reacts with cautious optimism as this marks a significant shift in U.S. policy towards digital assets, indicating potential long-term growth in Bitcoin and DeFi sectors.
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