Bitcoin (BTC) Worth Hits $76K as Crypto Liquidations Soar, Coinbase (COIN) Rockets 30% Increased on Trump Sweep

“It is onerous to assume how the election consequence may have landed higher for the business, and expectations of key regulatory enhancements are more likely to construct within the coming months and quarters,” David Lawant, head of analysis at crypto prime brokerage FalconX, mentioned in a Wednesday report. “Such readability may open room for added crypto ETF merchandise, protecting the primary crypto belongings and doubtlessly additionally a broader crypto index, and provides entrepreneurs and buyers extra consolation in U.S. token launches.” Nonetheless, Lawant warned of short-term dangers in the intervening time, which can embrace “last-minute enforcement actions by departing officers.”



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