Trump Era Will Unlock Crypto Market With Regulatory Clarity, Says Analyst

The 2024 U.S. elections didn’t just reshape Washington—they reignited the cryptocurrency market, dominated by Bitcoin (CRYPTO: BTC).

Since November, cryptocurrencies have rallied an impressive 65%, and according to JPMorgan analyst Kenneth B. Worthington, this surge is less about Bitcoin’s volatility and more about the promise of regulatory clarity under the incoming Donald Trump administration.

From Chaos To Clarity

The industry’s long cry for regulatory guardrails may finally be answered. Worthington points out that Trump’s presidency brings a crypto-friendly tone to Washington, positioning the digital asset space for a more legitimate future. The president-elect’s pro-crypto Congress and key appointments signal a new era where the focus shifts to defining market structures and clarifying which agencies—SEC or CFTC—will call the shots.

Read Also: Bitcoin, Ethereum, Dogecoin Stay Muted Before Fed’s Interest …

Full story available on Benzinga.com