Donald Trump has unveiled his cryptocurrency policies for the 2024 presidential race, heavily focusing on reforms within the Securities and Exchange Commission (SEC) and establishing a national Bitcoin strategy. These policies aim to streamline regulations and enhance the U.S. position in the global crypto market.
As the U.S. presidential election nears, the cryptocurrency market has shown mixed movements. Major cryptocurrencies such as Bitcoin, Ethereum, BNB, Solana, and Toncoin have suffered declines of up to 6%. On the other hand, altcoins like XRP, Dogecoin, Shiba Inu, Polkadot, and NEAR Protocol witnessed gains as significant as 10%.
Bitcoin’s market dominance stands firm at 60%, indicating its significant standing in the cryptocurrency world despite volatile market conditions. The upcoming election results could heavily influence future market dynamics and crypto regulations in the USA.
