$BTC Trump's alleged ownership of Bitcoin (reportedly worth millions of dollars) has the following major impacts on the cryptocurrency sector:

1. **Boosting Market Sentiment:** The public holdings of political celebrities, especially former presidents, are seen as a strong endorsement of cryptocurrencies, potentially enhancing market confidence and attracting new interest.

2. **Rise in Politically-Related Trading:** It may stimulate the trading activity of MEME coins related to Trump or the Republican Party (such as $TRUMP), leading to short-term speculation.

3. **Strengthening the 'Crypto-Friendly' Label:** It solidifies Trump's and the Republican Party's image as part of the 'support for cryptocurrencies' camp, which may influence voter preferences (especially among cryptocurrency users).

4. **Impact on Policy Expectations:** It raises market expectations for more lenient cryptocurrency regulatory policies if he were to be elected.

**Summary:** Significantly positive for market sentiment in the short term, especially for related concept coins; the long-term impact will depend on the actual implementation of policies. However, it is important to note the risks of market volatility, as a single event is not a decisive factor. (119 words)