Why do people think that a Trump presidency would benefit crypto?

[Fidelia]

So many people are saying that if Trump wins the American presidential elections, the world of crypto would get to benefit from it? What would Trump do to the crypto industry that would be so much of immense benefit to crypto that would help the crypto world?

 

[Suba]

Although after the US presidential debate the price of Bitcoin and several Trump-themed coins fell, there will be enlightenment if Trump is elected then the regulations will be friendly/lenient towards crypto especially regarding mining, crypto taxes will decrease, although all of this does not guarantee that the price of Bitcoin will rise to the peak,

 

[Nomad]

Trump has openly supported Bitcoin and crypto market, therefore, people believe if he wins, it will be great for crypto market