THE NEWS OF THE WEEK
Trump disappoints cryptocurrency investors in his early days in office, causing Bitcoin to waver. Despite the U.S. president's promise to turn the country into the "crypto capital of the planet," his lack of clarity regarding the national digital asset reserve has raised doubts among investors.
Bitcoin had reached a peak of $109,000 after Trump's inauguration, but later fell to $101,000 after the president signed an executive order to boost the industry and its regulation. Although the price has slightly recovered and remains at $105,000, investors are still waiting for more clarity on Trump's measures.
The executive order signed by Trump establishes the creation of a working group to regulate digital assets and stablecoins, and opposes central bank digital currencies. However, it does not explicitly mention Bitcoin, which has generated disappointment among cryptocurrency advocates.
Experts believe that the lack of clarity regarding the national digital asset reserve is a key issue affecting Bitcoin's valuation. "The truth is that there are still doubts about whether that Bitcoin reserve can be carried out," said Javier Cabrera, market analyst. "Perhaps this will take longer than some investors expected."
