Donald J. Trump won a second presidential term, which could greatly impact the cryptocurrency landscape. The crypto industry had supported his campaign, leading to expectations of more lenient regulation and innovation. Analysts predict Bitcoin could surge beyond $100K, buoyed by institutional interest and upcoming changes in market dynamics under a Republican administration. Tether (USDT) is set to benefit from its connections with Cantor Fitzgerald, while Solana (SOL) may gain as regulatory clarity improves. Conversely, Ethereum (ETH) might face increased competition as the SEC may no longer favor it exclusively. A potential shift in SEC leadership could further alter the regulatory environment, particularly for decentralized finance. Traders reacted positively to Trump's victory, with DeFi projects like Uniswap experiencing price increases. The election results could lead to reduced regulatory burdens, fostering a more favorable environment for crypto and DeFi platforms.

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