Head of MN Consultancy Michael van de Poppe noticed that after the new Trump administration comes to power, three asset classes could show sharp growth in the short term.
First of all, these are cryptocurrencies that were previously classified as securities by the US Securities and Exchange Commission (SEC), including XRP , Matic, Algorand, chainlink , Aave and эфириум (ETH) and projects from the ecosystem Ethereum , especially from the field DeFi , for example, Optimism and Compound.
In his opinion, factors such as a weakening US dollar, falling government bond yields, a possible resumption of quantitative easing in the event of a recession, as well as the development of progressive regulation of cryptocurrencies will help the market attract new investments from both the US and other countries.
At the moment, the current situation in the industry and future changes in regulation create a favorable background for the development of the cryptocurrency industry, van de Poppe believes.
Many cryptocurrencies have been showing increased volatility over the past few days, particularly today bitcoin installed new price high at $108,800.