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Predictions about cryptocurrencies under the Trump administration depend on several key factors. However, in general, it is expected that the new administration will take a more favorable approach toward this technology.

Presence of cryptocurrency advocates in key positions: Trump has appointed individuals to critical roles who have openly supported cryptocurrencies. For instance, the proposed Treasury Secretary has a positive outlook on Bitcoin, and David Sacks, responsible for AI and cryptocurrency, is working on developing a regulatory framework for the industry.