$BTC Donald Trump's statements about Bitcoin and cryptocurrencies have generally been viewed as positive for the market. His stance to make the U.S. the "crypto capital of the world," the creation of a "Strategic Bitcoin Reserve," and his support for mining in the U.S. generate optimism.
Experts point out that a more favorable regulatory environment and the possible removal of figures like Gary Gensler (former SEC chairman) could boost institutional adoption and innovation. Historically, his comments have coincided with increases in the price of Bitcoin. However, the inherent volatility of the crypto market means that other macroeconomic and geopolitical factors will also influence its trajectory.