A Potential Policy Shift in the United States Could Signal a New Direction for Cryptocurrency Regulation Under President-elect Donald Trump

Reports suggest that Trump is drafting an executive order to elevate the status of cryptocurrency as a national priority.

A potential policy shift in the United States could signal a new direction for cryptocurrency regulation under President-elect Donald Trump. According to reports, Trump is planning an executive order to elevate the status of cryptocurrency as a national priority.

This proposed move may redefine how digital assets are regulated, contrasting with the approach seen during President Biden’s administration. The plan emphasizes aligning cryptocurrency with federal strategies and fostering partnerships between private enterprises and government bodies. It also aims to bolster the credibility and integration of digital currencies within the broader financial system.

In light of the positive crypto market wave, this article outlines other affordable tokens, particularly the best altcoins to watch today.

6 Best Altcoins To Watch Today

Bitcoin Cash (BCH) is currently valued at $462.61, showing a 4.27% rise in the past 24 hours. Solaxy ($SOLX) has gained attention in the cryptocurrency market, benefiting from Bitcoin’s recent resurgence. Amp (AMP) trades at $0.008751, marking a 5.18% increase within the same period. Solana (SOL) is priced at $239.62, with a 10.50% surge over the last day.

DAO Maker (DAO) holds the #485 in the cryptocurrency rankings, trading at $0.4717. GateToken (GT) has reached $19.76, up 1.14% in the past 24 hours. Meanwhile, Bitcoin has climbed to $105,000 as investors respond positively to the possibility of pro-crypto policies under Trump.

1. Bitcoin Cash (BCH)

Bitcoin Cash (BCH) is trading at $462.61, reflecting a 4.27% increase in the last 24 hours. With a market capitalization of $9.16 billion and a 24-hour trading volume of $580.67 million, Bitcoin Cash maintains a robust liquidity profile, supported by its large market cap. The fully diluted valuation (FDV) is $9.71 billion, and the circulating supply is 19.81 million BCH out of a maximum supply of 21 million.

The sentiment surrounding Bitcoin Cash remains bullish, as highlighted by the Fear & Greed Index, which indicates “Extreme Greed” at a score of 77. Over the past year, BCH has experienced a significant price increase of 95%, outperforming 61% of the top 100 cryptocurrencies. Additionally, the asset has shown consistent upward momentum, with 18 green days in the last 30, representing a 60% positive trend.

From a technical perspective, Bitcoin Cash is trading 9.57% above its 200-day Simple Moving Average (SMA) of $422.44, signaling strong support for its current price level. This aligns with its status as a high-liquidity asset, making it a popular choice among traders and investors.

2. Solaxy (SOLX)

Solaxy ($SOLX) has emerged as a noteworthy player in the cryptocurrency market following Bitcoin’s renewed prominence. Within a month of its presale launch, Solaxy secured over $10.6 million from early investors, signaling a growing interest in its potential.

Built as a Layer 2 blockchain on Solana, Solaxy aims to optimize the network by addressing congestion and reducing transaction failures. This focus on improving blockchain efficiency positions it as a valuable asset, particularly as meme coins grow.

The platform’s native token, $SOLX, is designed to operate as a multi-chain asset, bridging Ethereum’s $65 billion DeFi ecosystem with Solana’s speed and cost-effectiveness. This interoperability could enhance its utility within the broader crypto landscape.

At a presale price of $0.0016, $SOLX offers an annual percentage yield (APY) of 329% for staking, making it appealing for those exploring opportunities to diversify their investments. Solaxy’s initial success and unique approach to optimizing blockchain functionality make it an interesting addition to the market.

Visit Solaxy Presale

3. Amp (AMP)

Amp (AMP) is trading at $0.008751, reflecting a 5.18% increase in the last 24 hours. The cryptocurrency boasts a market capitalization of $737.07 million and a 24-hour trading volume of $202.84 million, maintaining a strong liquidity profile. The fully diluted valuation (FDV) is $868.17 million, with a circulating supply of 84.23 billion AMP out of 99.21 billion.

The sentiment for Amp remains bullish, supported by the Fear & Greed Index at 77, indicating “