With Trump back, will the US be the “crypto capital of the planet”?
Trump's presidency could mark a before and after for the crypto market, boosting its global adoption and strengthening the sector, according to Sebastián Serrano, from Ripio
With Trump back, will the US be the “crypto capital of the planet”?
OPINION
Ripio CEO Sebastián Serrano discussed how Donald Trump’s presidency in the United States could catalyze a significant shift in the crypto market, driving global adoption of Bitcoin and blockchain. Serrano shared his analysis in a statement sent to Cointelegraph in Spanish.
“We are facing a historic, unprecedented event,” Serrano said. “Having a president openly enthusiastic about cryptocurrencies, in the midst of a bull market, with Bitcoin reaching historic highs and growing global adoption, could be the push the industry needs for a new leap forward,” he added.
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A catalyst for the crypto market
Trump’s victory, Serrano said, has already had a direct impact on the market. Following his election, Bitcoin broke through the $100,000 barrier, reaching a peak of over $109,000, representing a 156% growth since the beginning of the previous year. According to Serrano, this increase is not only a result of market dynamics, such as the fourth Bitcoin halving or the approval of spot ETFs, but also the confidence generated by Trump’s pro-crypto proposals.
The president-elect, he explained, has promised to turn the United States into the “crypto capital of the planet,” with measures such as the creation of a strategic Bitcoin reserve for the U.S. Treasury. “If this project goes through, it could generate a contagion effect in other countries, increasing official demand for Bitcoin and leading to global growth in the adoption of cryptocurrencies,” Serrano said.
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The Latin American perspective
The impact of Trump’s return would not be limited to the United States. Serrano highlighted how a pro-crypto approach could benefit Latin America, a region that is already moving forward in integrating cryptocurrencies into its economies. Countries such as Argentina, Brazil and Colombia have begun to reduce friction between the crypto sector and traditional financial systems through regulatory advances, he added.
“Trump’s vision of reducing the regulatory burden on cryptocurrencies can inspire other governments to adopt similar policies,” Serrano said. According to him, this would not only encourage innovation and the development of new solutions in the region, but would also allow companies like Ripio to expand their product and service offerings, potentially generating a new experience for both individual users and corporate clients.
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A crucial moment for the industry
The crypto market, he explained, would be facing a context of high demand and limited supply, especially after the fourth Bitcoin halving, which reduced the issuance of bitcoin. According to Serrano, this dynamic, combined with a complex geopolitical scenario and widespread inflation, would favor the growth of the crypto market as a solid alternative to fiat currencies.
“Last year, Bitcoin appreciated so much that its capitalization surpassed that of silver and companies like Saudi Aramco, consolidating itself as the seventh most valuable asset in the world, only behind gold, and the shares of Apple, NVIDIA, Microsoft, Alphabet (Google) and Amazon, in that order,” Serrano said. “This growth shows the potential of cryptocurrencies to compete with traditional assets in terms of performance and attractiveness for investors,” he concluded.