Cryptocurrency is at the forefront of investors minds as they brace for a second term from President-elect Donald Trump.

Professional Capital Management Founder and CEO Anthony Pompliano talked about where bitcoin could go next after enjoying a nice run after the election results.

"It's obviously the first time we've had a pro-bitcoin president take into the White House and so the market believes him," says Pompliano.

Pompliano also talked about the importance of a national bitcoin (BTC-USD) reserve. "I think that the bitcoin strategic reserve is a very important thing for America," said Pompliano. "But it also will signal that these were promises made and promises kept and I think that that is something that President Trump should do very quickly."

Pompliano also shares his thoughts on the potential of a new Securities and Exchange Commission Chair to replace Gary Gensler. as well as other cryptocurrencies such as ethereum (ETH-USD).

Watch the video above to hear more from Pomliano on cryptocurrencies.

To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

This post was written by Daniel A. Nelson