The year 2025 has begun with positive trends in the cryptocurrency market. A key factor is the openness of the new U.S. administration under Donald Trump to digital assets.
Fed's Stance on Cryptocurrencies
The Federal Reserve's policy has been a major barrier for banks wanting to enter the cryptocurrency market. Fed Chair Jerome Powell emphasized the need for regulatory frameworks. However, changes may occur with Trump's appointment. Michael Barr's recent resignation, known for his opposition to cryptocurrencies, may pave the way for a more accepting market approach.
Crypto Initiatives of Trump's Administration
With Donald Trump in the White House, there is a notable increase in the number of pro-crypto individuals in key regulatory positions. The proposal of a national Bitcoin reserve is seen as the first step in changing governmental policy.
Cryptocurrency Market in 2025
Changes in U.S. policy could greatly affect the market, especially with the resignation of some crypto opponents like Gary Gensler. The SEC's stance is also expected to be revised, creating new opportunities for the growth of cryptocurrencies like XRP.
Trump's presidency could be a decisive factor in changing the approach to cryptocurrencies, opening new avenues for their integration into the financial system.
