Trump has signed legislation overturning an IRS rule impacting DeFi brokers, signifying a pro-crypto shift in U.S. Policy. This move aims to enhance market conditions, particularly benefiting Bitcoin.
Following this shift, Bitcoin’s market value has seen substantial growth amidst increasing regulatory clarity. Analysts from K33 Research express cautious optimism, noting this may attract more institutional investments.
With this legislative change, Bitcoin’s trading value as of May 16, 2025, is at 103,794.08 USD, with a market cap of 2.06 trillion USD. The new policy fosters an environment that could enhance liquidity in the DeFi market.
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