*By Nicole K. Phinopoulou
The global cryptocurrency market is experiencing a seismic shift following the return of Donald Trump to the White House. While Trump was previously sceptical about digital assets, his new administration has taken a radically different approach, promising to transform the United States into the world’s leading ‘crypto capital’ and ‘Bitcoin superpower.’ This policy reversal has sent shockwaves through financial markets, fuelling both optimism and regulatory uncertainty across different jurisdictions.
One of the immediate effects of Trump’s election was the dramatic surge in the value of Bitcoin. On the night of November 5, 2024, as it became clear that Trump had secured a second term, Bitcoin surpassed $75,000, and by his inauguration day, it…
