The inauguration of Donald Trump on January 20 is seen as a catalyst for the cryptocurrency market. Optimism grows as Trump is expected to create a crypto-friendly regulatory landscape, which may also lead to the US establishing a strategic Bitcoin reserve similar to El Salvador.
Despite the bullish sentiment surrounding Bitcoin, analysts warn of potential speculative risks involved in crypto trading during this transition. Experts believe a cautious approach is necessary as markets adjust to new realities under Trump’s presidency.
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