#SEC推迟多个现货ETF审批 #Trump's First Hundred Days #Trump's First Hundred Days

On the day of Trump's first hundred days in office, Wall Street felt like it was sitting on a volcano — the executive order he signed, 'Executive Order No. 77 on the Financial System', directly launched the cryptocurrency industry into the stratosphere. Hidden within the document were two nuclear-level clauses: the Treasury Department is to establish a 'digital dollar stablecoin' to counter USDT, while ordering the SEC to provide clear standards for token securities recognition within 90 days. Bitcoin surged past $100,000, while Coinbase's stock price experienced wild fluctuations, triggering three trading halts in a single day.

The most clever aspect was the political calculation; this executive order was deliberately released on the eve of the Federal Reserve's interest rate meeting. Now Powell is caught in a bind — he has to deal with Trump's demand for a '500 basis point rate cut', while also managing the subsequent collapse of the dollar. Goldman Sachs' internal models indicate that the new policy could lead to $2.3 trillion in capital fleeing the bond market, with one-third of that rushing into Bitcoin ETFs. But the real drama unfolded on Capitol Hill, where Democratic lawmakers suddenly united in support of cryptocurrency regulation, as their financial backers found that the new tax law allows for anonymous political donations using cryptocurrency.