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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
In a move reflecting the growing significance of digital assets in the U.S. political landscape, former President Donald Trump pledged to support the crypto sector and vowed to "never let crypto down." Stating his position via Truth Social, Trump specifically mentioned his backing for financial derivatives within the industry. These comments appear aimed at strengthening ties with the crypto investor base ahead of upcoming political developments.
These pledges coincide with similar moves by major market players, as recent reports indicate that firms like Coinbase and MicroStrategy continue to expand their digital portfolios despite regulatory hurdles. Per market data, interest in digital derivatives has seen significant growth, with Bitcoin futures trading volumes hitting record levels in Q1 2026 (according to Glassnode research). Trump's stance is viewed as a sentiment booster that could potentially alleviate regulatory pressures from the Fed and the SEC.
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Sign InInvestors are now looking ahead to Federal Reserve Chair Jerome Powell's speech on May 31, 2026, which may provide clues on monetary policy and its impact on risk assets. Additionally, the market awaits the U.S. ISM Manufacturing PMI in early June, a key catalyst for Dollar and crypto price action. Liquidity levels across trading platforms remain under scrutiny as political debates over the future of digital regulation intensify.