Following Donald Trump’s recent election win, crypto analyst Miles Deutscher foresees bullish momentum for the crypto market, fueled by favorable macroeconomic conditions.
What Happened: In a podcast update, Deutscher shared his belief that with the Republican Party in control, crypto-friendly legislation could advance more easily, benefiting the sector. He expressed that Trump’s triumph, along with other macro factors, is priming the crypto market for an “accelerated cycle”.
He noted a significant $600 million flow into Bitcoin ETFs on election day, signalling positive sentiment in the market, and is particularly bullish on DeFi and real-world asset (RWA) tokens, …
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