Bitfinex: Trump’s victory in November will mark a shift in regulatory conditions for the U.S. crypto industry toward a more favorable direction

Bitfinex analysts believe that Trump is seen as an innovative candidate in the cryptocurrency field. The Winklevoss twins, well-known figures in the cryptocurrency community, have donated $2 million worth of Bitcoin to Trump's campaign to show their support. This indicates that the crypto and traditional finance (TradFi) communities increasingly view Trump as an innovative candidate.

In addition, Bitfinex analysts believe that Trump's victory in November will signal a shift towards more favorable regulatory conditions for the US cryptocurrency industry. During his campaign, Trump showed support for Bitcoin and other cryptocurrencies, which sharply contrasts with the current government's cautious and strict regulatory approach. The Trump administration may prioritize establishing a clear and supportive regulatory framework to encourage innovation and investment in the cryptocurrency field.