Analysis: Cryptocurrency market regulation headwinds have turned into tailwinds after Trump's victory

Odaily News Bernstein's analysis team, led by Gautam Chhugani, said that regulatory headwinds in the cryptocurrency market have turned into tailwinds after Donald Trump's victory in the election. Analysts also reiterated their forecast for Bitcoin to approach $90,000 by the end of this year and reach a bull cycle target of $200,000 in 2025, expecting the new "crypto-friendly" SEC chairman and Senate Banking Committee to accelerate regulatory clarity in the industry. (TheBlock)