Analysts from Bitfinex predict an increase in capital inflows into the crypto market following Donald Trump's reelection as U.S. president. This renewed optimism is expected to lead to a 'new wave of hope' in the sector, particularly in the Web3 space, as federal agencies might adopt a less adversarial stance towards cryptocurrencies. Bitfinex analysts have stated that a significant amount of capital will likely be unlocked for crypto ventures, especially as Trump has shown newfound support for the industry. His past criticism of Bitcoin contrasts with his current campaign promises, which include the establishment of a strategic Bitcoin reserve and the formation of a crypto advisory council. However, analysts caution that short-term policy changes from the SEC are unlikely due to ongoing complex regulatory issues concerning the classification of crypto assets as securities. The balance of power in Congress will also be crucial for the realization of Trump's legislative promises, as Republican gains in the House and Senate could significantly influence future oversight and regulatory frameworks for cryptocurrencies.

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