TechFlow news, November 15 — According to The Block, the cryptocurrency market surged following the U.S. election, with Bitcoin hitting a new all-time high of around $93,500 this week. Analysts at JPMorgan pointed out that under a Trump administration and a Republican-led Congress, the U.S. crypto landscape could be reshaped by six key developments: progress in cryptocurrency legislation such as the "21st Century Financial Innovation and Technology Act" and the "Payment Stablecoin Transparency Act"; a regulatory shift toward cooperation; increased bank involvement in crypto custody; growth in spot ETFs beyond Bitcoin; a surge in crypto venture capital and M&A activity; and a low likelihood of the U.S. adopting Bitcoin as a strategic reserve asset.
