$BTC This article discusses the impact of Trump's presidency on the cryptocurrency market, particularly during his first 100 days in office. Despite his pro-crypto promises, the market faced difficulties due to his trade war policies and tariffs, leading to price volatility and increased costs for Bitcoin miners. Trump's approval ratings also declined during this period.
Some key points mentioned in this article include:
- Trump's trade war policies and tariffs had a negative impact on the crypto market.
- The crypto market experienced a bullish rally during Trump's campaign due to his optimism towards the industry.
- Trump signed an order to create a "Strategic Bitcoin Reserve," but it was not as exciting as expected.
- Trump's pro-crypto strategies have been overshadowed by his tariffs.
- Michelle Obama expressed concerns about Trump's deportation policies and their impact on immigrants, rather than the economy or the market.
This article also mentions that crypto regulation is expected to come soon, and that Trump's policies have resulted in increased costs for crypto miners and uncertainty in the market.
