According to ChainCatcher's message, Hargreaves Lansdown analyst Matt Britzman stated in a report that Trump's return to the White House has sparked hopes that the federal government will take a more crypto-friendly stance, further fueling the optimistic sentiment that is already driving the rise of risk assets.
He said investors are closely watching for signs of regulatory clarity, with speculation that US Securities and Exchange Commission Chair Gary Gensler may step down, paving the way for a more crypto-friendly approach.