Rally Good News for Bitcoin (BTC) and Altcoins from JPMorgan! “Bad Days Are Gone, Wait for This Date!”

Donald Trumpelection as president Bitcoin ve altcoinWhile he started a big rally in the 20s, it is expected that a new era will begin with a moderate approach for the cryptocurrency market after he takes office on January 20.

According to Coindesk news JPMorgan He stated that the Trump administration heralded a new era for cryptocurrencies in the USA.

JPMorgan analysts led by Kenneth Worthington noted in a recent report that the total value of the cryptocurrency market has increased by approximately 65% ​​since the election of Donald Trump.

At this point, analysts stated that Trump’s victory in the presidential elections in November heralded a new era for cryptocurrencies in the USA.

“This new administration with Trump not only brings a crypto-friendly mentality, but also shows a willingness to promote this asset class.

The worst regulatory environment for crypto markets is now behind us. This change will create a more constructive basis, especially in regulatory approaches. It is expected to become a safer, more transparent and more productive industry after Trump’s start.

However, it may take 9 to 12 months for the positive impact of the new policies to be fully felt on the cryptocurrency industry.”

In other words, analysts emphasized that at least a period of 9-12 months is needed for the Trump victory to have a bullish effect on Bitcoin and altcoins.

Analysts state that Trump’s victory will be the beginning of a new era in the USA. Commodity Futures Trading Commission (CFTC) He stated that he did not nominate a candidate for the presidency, but that the election of the CFTC chairman would be important.

Analysts say CFTC position Bitcoin (BTC) ve Ethereum (ETH)’un He pointed out that this was particularly important as it was likely to affect regulation.

*This is not investment advice.