Five Major Benefits for the Future of Cryptocurrency!! Each one is good news for BTC!
Trump wins the election (The U.S. presidential election will be held on November 5, and former President Trump has publicly supported cryptocurrency multiple times this year).
Gary Gensler will be dismissed (Gary Gensler, who leads the U.S. SEC, has long taken a repressive stance toward cryptocurrency. After the election, Gensler is expected to step down, and his successor may bring improvements to U.S. crypto regulation).
The Federal Reserve continues to cut interest rates (The U.S. Federal Reserve officially began its monetary easing policy at the end of September this year, and the Fed's dot plot indicates that there will be multiple interest rate cuts from this year to next year).
The Ukraine war ends (Wars usually trigger rising inflation, lower capital risk appetite, and other issues that are detrimental to risk markets. Once the Russia-Ukraine war ends, Bitcoin may see an influx of capital).
FIT21 Act officially established as law (The U.S. FIT21 Act is expected to bring regulatory compliance for businesses adopting cryptocurrency, specifically reflected in four major aspects: unified regulatory framework, reduced compliance costs, enhanced trust and transparency, and encouragement of technological innovation).
