The prospect of Donald Trump returning to the presidency might significantly bolster the cryptocurrency sector, according to a recent research report by Standard Chartered. What Happened: The investment bank forecasts that a second Trump administration could enhance the regulatory environment for digital assets, potentially leading to a surge in cryptocurrency valuations, Coindesk reported. “We think that a second Trump administration would be broadly positive via a more supportive regulatory environment,” the report notes, emphasizing the potential benefits of such a political shift. Geoff Kendrick, the analyst behind the report, further explains that the scenario of U.S. fiscal dominance under Trump could positively impact Bitcoin BTC/USD and other cryptocurrencies. This trend could accelerate under a second Trump term, furthering the de-dollarization push and potentially boosting Bitcoin and other digital assets.

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