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When the election results clearly showed that Trump would return to the White House, the cryptocurrency market began to rise as expected, reflecting optimism that the Trump administration could bring relief to the industry. It is undeniable that Trump will be more supportive of the cryptocurrency industry than current President Biden. However, there is still uncertainty regarding his level of involvement in driving industry development and whether relevant laws can be passed amidst a busy legislative agenda. All candidates for positions such as Securities and Exchange Commission, Commodity Futures Trading Commission, and Treasury Department leaders may share Trump's favorable views on the industry, but it is unclear how high priority this issue will be considered. The Trump administration may prioritize promoting deregulation in most industries. @yigidoumit
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