On December 6, Trump announced the appointment of PayPal co-founder David Sacks as the head of artificial intelligence and cryptocurrency affairs at the White House. In the statement, Trump said Sacks would work to establish a legal framework to meet the cryptocurrency industry's demand for clarity, thereby promoting its development in the United States.

In the early morning of December 5, Trump announced on the social media platform Truth Social the nomination of Paul Atkins as the chairman of the U.S. Securities and Exchange Commission. He stated, "I am pleased to announce that Paul Atkins is the next chairman of the U.S. Securities and Exchange Commission."

Matrixport's latest report points out that three key cabinet nominees nominated by Trump will be responsible for the Treasury Department, the Department of Commerce, and the Securities and Exchange Commission, and they are generally seen as supporters of cryptocurrency. These nominations are expected to accelerate the integration of cryptocurrency into the U.S. economy. If these nominations are confirmed, the market narrative in 2024 may shift from "Bitcoin as digital gold" to a revival of decentralized finance (DeFi), with traditional finance gradually integrating DeFi applications and blockchain technology to enhance payment and transaction efficiency. Although clear regulations are expected to be introduced, this shift could make cryptocurrency the biggest beneficiary of this election and promote global acceptance of cryptocurrency.

On November 27, a report released by the U.S. Department of Commerce showed that although inflation indicators met expectations, the data for October rebounded to 2.8% compared to September, supporting a more cautious approach by Federal Reserve officials when considering future interest rate cuts. The core PCE price index, which excludes the more volatile food and energy prices and is the inflation indicator most closely watched by the Federal Reserve, rose 2.8% year-on-year in October, in line with expectations, and is the highest level since April of this year, while the data for September was 2.7%.