Makenzie discusses the recent surge in the cryptocurrency market, attributing it to the election of nearly 300 pro-crypto lawmakers in the U.S. Congress. Investors are optimistic about the future of cryptocurrency under the Trump administration, with hopes that he will fulfill his campaign promises, including replacing the chair of the U.S. Securities and Exchange Commission with someone more friendly to the industry. This has led to a surge in meme coins since the election. Makenzie also mentions the example of the President of El Salvador, who has been supportive of cryptocurrency. However, she notes that one of the main obstacles to cryptocurrency in the United States is the previous negative stance taken by Donald Trump, who once called it a scam but is now considering launching a U.S. crypto stockpile. Overall, the outlook for cryptocurrency in the U.S. is positive due to recent political developments.
