President-elect Donald Trump has nominated Stephen Miran, a former advisor and economist, as the chairman of the Council of Economic Advisors. Miran has previously worked at the United States Treasury Department under the first Trump administration and is known for advocating pro-innovation policies. He highlighted the potential role of financial deregulation and cryptocurrency in fostering innovation and driving economic growth during a recent podcast. His nomination has been met with enthusiasm from the crypto community, as Trump's administration appears to favor pro-crypto officials for key positions. Additionally, Trump has made other appointments, including a nomination for SEC chairman and a lead policy advisor for artificial intelligence and digital assets, both of whom have shown support for cryptocurrency. Analysts predict that these pro-crypto policies could significantly influence Bitcoin's price in the near future, reflecting a potentially optimistic outlook for the cryptocurrency market under the impending Trump administration.

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