“Significant amount of capital” to be unlocked for crypto ventures — Bitfinex analysts
Analysts for the crypto exchange Bitfinex anticipate a rise in capital inflows following the reelection of Donald Trump in the United States.
Bitfinex analysts anticipate a “new wave of hope” entering crypto markets following Donald Trump’s election as president of the United States.
This renewed hope is expected to translate into more capital flowing into the Web3 space as the industry expects federal agencies to adopt a less hostile stance on cryptocurrencies. According to Bitfinex analysts:
Trump’s support for the crypto industry is a new development. During his first term at the White House, Trump went on record on X as an opponent, saying he was not a fan of Bitcoin (BTC) and deeming cryptocurrencies speculative.
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Author: Ana Paula Pereira
