Degen

Bitcoin has historically followed a familiar four-year cycle. Now, two years into the current cycle, investors are closely watching patterns and market indicators for insights into what the next two years may hold.

If Gary Gensler resigns or is removed from his position as chairman of the US Securities and Exchange Commission (SEC), it will have major implications for the cryptocurrency market and its regulation.  Gensler is seen by activists as an obstacle to the growth of digital currencies due to his strict stance towards digital currencies and his pursuit of important court cases such as the Ripple case.
 If he steps down and someone with a more lenient or pro-innovation attitude takes over, the SEC's rules and approach to cryptocurrencies are likely to ease.  His replacements, such as Hester Pierce and Brian Brooks, have a more positive outlook on the field and may encourage innovation and growth in the industry.  With the presence of President Trump, the regulatory approach of the SEC may also change towards supporting innovation and economic growth in this area.  In this way, the digital currency market will likely face fluctuations as a result of these changes and experience positive effects.