Market Watch] April 30, 2025 – Trump’s First 100 Days: Crypto Policy Shifts and Market Reactions

#CryptoMarkets have experienced notable policy shifts under President Trump’s administration. Here’s a concise overview:

Strategic Bitcoin Reserve Established: President Trump signed an executive order to create a Strategic Bitcoin Reserve, utilizing seized assets to position Bitcoin as a national reserve asset. 

Executive Order 14178: This order prohibits the development of a U.S. Central Bank Digital Currency (CBDC) and mandates the creation of a federal regulatory framework for digital assets within 180 days. 

Regulatory Developments: The SEC has dropped lawsuits against major crypto firms, repealed restrictive custody accounting rules, and initiated a crypto working group to develop federal regulations. 

Stablecoin Legislation: Congress is advancing legislation focused on stablecoins, aiming to provide regulatory clarity and support for the digital asset sector. 

Market Response: Despite these initiatives, Bitcoin has declined by over 10% since inauguration day, reflecting investor caution amid broader economic concerns. 

Stay informed on these developments as they continue to shape the crypto landscape.#Trump100Days #Write2Earn