A Trump election victory could be positive for crypto as his administration would likely push for a more supportive regulatory environment, the report said. https://www.coindesk.com/resizer/ZrhWU8thB8lObgFQGezFsBNef_E=/1056x594/filters:quality(80):format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/TJTK3WCFRNGZPLGWSNVG2EV5ME.jpg
Bitcoin could serve as a hedge against de-dollarization and declining confidence in the U.S. Treasury market. It also highlights the potential positive correlation between the bitcoin price and the effects of U.S. fiscal dominance on the U.S. Treasury curve