$BTC Attention! Tonight these messages will ignite the big cake market
1. US Regulatory Easing
The department in the US that regulates cryptocurrency is called the SEC. They used to always cause trouble for crypto companies, for example, suing Coinbase for selling 'unregistered securities' (which are cryptocurrencies). Now that Trump is in office, the SEC has a new leadership, and the direction has changed! Those lawsuits that weren’t considered fraud are likely to be withdrawn, and Coinbase's lawsuit is almost being dismissed. Furthermore, it may be allowed for companies to boldly hold cryptocurrency assets in the future. Although new regulations won't come out immediately, as long as people feel that regulation will ease in the future, they will be willing to buy big cakes, and the price will naturally rise; if the policy advancement goes smoothly, the price will be uncertain.