Trump's victory has strengthened the cryptocurrency market. Since the presidential election, the price of Bitcoin has increased by 29% in recent weeks, reaching all-time highs.
Investors and supporters of digital currencies are optimistic about the regulatory changes that Trump may undertake that they say could push Bitcoin prices even higher.
Trump's cryptocurrency-friendly policy has fueled discussions that Bitcoin could reach record highs of $100,000 and beyond in 2025.
Trump has vowed to make America the cryptocurrency capital of the world and has even floated the idea of creating a national Bitcoin reserve.
The changes, analysts say, could increase market clarity while giving Bitcoin in particular more credibility as an investment vehicle.
