Circle CEO Jeremy Allaire expressed optimism about President Trump’s potential to support the crypto industry with favorable policies. Allaire highlighted the need to reverse restrictive measures like SAB 121 and emphasized the importance of regulatory reforms. Despite Trump’s inauguration speech omitting mention of Bitcoin, the market saw significant volatility. Bitcoin maintained a six-figure price level of roughly $103,500. The industry remains hopeful for a period of growth and regulatory clarity under Trump’s presidency.

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