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Trump's Crypto Meeting Could Spark Bitcoin Rally and Boost DeFi

Guavy AI Editorial Team
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BTC
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Bitcoin and DeFi applications may benefit from a recent meeting between crypto industry representatives and former US President Donald Trump, according to Bitwise CIO Matt Hougan.

Hougan believes that the meeting could lead to increased government support for cryptocurrencies, which would be positive for Bitcoin's price and adoption.

DeFi applications, on the other hand, may emerge as major winners from clearer US crypto regulations, which would provide a more stable environment for these decentralized finance platforms to grow.

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