Standard Chartered Bank: Cryptocurrency market value may rise to $10 trillion by 2026 under Trump

Standard Chartered Bank said in a research report that a sweeping victory for the Republican Party in the United States will enable the new government to implement positive policies for the digital asset sector, which could swell the total market value of cryptocurrencies to $10 trillion by the end of 2026. Standard Chartered Bank said that in the early days of the new Trump administration in the United States, the cryptocurrency market will face many positive factors, including regulatory changes and job adjustments at the U.S. Securities and Exchange Commission (SEC), which may lead the government to take a more moderate stance on digital assets. These positive developments could quadruple the total market value of cryptocurrencies from the current $2.5 trillion to $10 trillion by the end of 2026. (Coindesk)