The Washington effect on the crypto market why the sector's stocks are soaring
In recent days, a curious movement has begun to gain momentum in the global financial market: stocks linked to the cryptocurrency sector have started to rise sharply, accompanied by renewed optimism around the digital industry. The catalyst? A change in the political tone in Washington.
Recent statements by the President of the United States, Donald Trump, combined with signs of a more friendly regulatory approach by American authorities, have rekindled the appetite for risk and boosted companies linked to the crypto ecosystem. The result was immediate: companies like Coinbase and miners like Hut 8 recorded strong gains, while the market interprets that regulatory risk may finally be decreasing.