🇺🇸 Crypto Hopes Meet Harsh Reality
President Trump’s first 100 days back in office have been a whirlwind for the crypto world. Despite promises to make the U.S. the “crypto capital of the planet,” Bitcoin has dropped over 10% since his inauguration, frustrating investors who expected a surge.
Key Developments:
Established a U.S. strategic Bitcoin reserve using seized assets.
SEC dropped lawsuits against major crypto firms like Coinbase and Ripple.
Launched a Trump-themed meme coin, raising ethical concerns.
While regulatory shifts are promising, investors seek more decisive actions, such as strong legal frameworks for token classification and stablecoins, as well as approval of ETFs that allow crypto staking and include assets beyond Bitcoin and Ether.
