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Trump crypto plans have Wall Street CEOs ready to jump into digital assets

1. Trump's pro-crypto directive boosts Wall Street's interest in digital assets. 2. Morgan Stanley and Bank of America express eagerness for crypto transactions. 3. New crypto regulations could enhance banks' involvement in the cryptocurrency market. 4. Bitcoin's price reached nearly $110,000 ahead of Trump's inauguration.

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FAQ

Why Bullish?

Renewed interest in crypto could lead to broader market investments, impacting S&P 500 positively.

How important is it?

The changes in crypto regulations affect financial institutions tied to the S&P 500.

Why Short Term?

Immediate regulations and executive orders could significantly influence market sentiment quickly.

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