Today, an important event took place, not only for the United States but for the global economy, including the cryptocurrency market. Donald Trump won the US presidential elections. This news triggered a sharp rise in the cryptocurrency market, where Bitcoin reached an all-time high, surpassing $75,000.

Crypto investors' optimism was reflected in the growth across the entire crypto market, including various sectors that are showing positive trends. Market participants attribute these changes to Trump’s ambitious promises regarding the cryptocurrency industry, which he announced in late July during his speech at the Bitcoin2024 conference.

Let’s revisit some of the key crypto promises from Trump:

Integrating Bitcoin as a Strategic Reserve for the US: Trump intends to include Bitcoin in the strategic reserve, which could strengthen the US's economic position on the global stage.
Ban on the Creation of CBDCs: In response to concerns about government-backed digital currencies, Trump has stated he would prohibit the introduction of a digital dollar, supporting citizens' financial independence.
Firing Gary Gensler: Trump promises to remove SEC Chairman Gary Gensler, who has faced criticism for his stringent regulatory approach to the crypto industry, and replace him with professionals more favorable to cryptocurrencies.
The US as the Crypto Capital of the World: Trump envisions the US as a global crypto hub and plans to stimulate innovation and attract capital to the crypto industry.
Using Bitcoin to Reduce National Debt: As a non-traditional approach, Trump plans to use Bitcoin for restructuring the US national debt, showcasing his vision of cryptocurrency not just as a reserve but as an active financial tool.
Supporting Crypto Innovations to Boost the Economy: Trump believes that investing in cryptocurrencies and blockchain could elevate the US economy, driving high-tech industries and job creation.
Ending Repressions in the Crypto Industry: Trump has promised to lift restrictions imposed during the Democratic administration, allowing crypto companies to operate freely and attract investments.
Protecting the Right to Mine and Hold Cryptocurrencies: Americans will be guaranteed the right to mine and hold crypto assets without government interference.
Creating a Crypto Advisory Committee: A committee will be established to develop legislative recommendations based on the views of experts and supporters of crypto technologies.
Changing the Rules for the Crypto Industry: new legislative initiatives will be prepared by specialists interested in the development of the crypto industry, leading to favorable changes.

Trump will step into office on January 20, 2025, and significant changes are expected from the first days of his administration. Investor sentiment is positive, and Bitcoin’s historical high reflects hopes for stabilization and support from the new administration. Trump’s victory instills confidence in the crypto community, which is anticipating active growth and development in the industry.

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