Trump’s crypto pardons raise ethics and corruption concerns

💡 DMK Insight

Trump’s pardon of CZ isn’t just a headline—it’s a signal that could shake up the crypto market. This move raises eyebrows about regulatory scrutiny and the potential for a more lenient environment for crypto players. Traders should consider how this might affect sentiment, especially among institutional investors who often tread carefully in politically charged waters. If the market perceives this as a green light for crypto operations, we could see a surge in buying pressure, particularly in altcoins that have been underperforming. Watch for any shifts in trading volumes and sentiment indicators over the next few days as traders react. On the flip side, this could also invite more scrutiny from regulators who might feel compelled to tighten the reins on the industry. Keep an eye on key resistance levels in Bitcoin and Ethereum, as any bullish momentum could hit roadblocks if regulatory fears resurface. The next few weeks will be crucial for gauging market reactions and potential volatility.