#Trump100Days In his first 100 days of his second term, President Donald Trump implemented several significant initiatives impacting the cryptocurrency sector. He established a U.S. strategic bitcoin reserve using seized digital assets, aiming to diversify national holdings without direct market purchases. Despite this move, Bitcoin's price declined by over 10% during this period, reflecting investor concerns over broader economic policies and market volatility .

Regulatory changes were also prominent. The Securities and Exchange Commission (SEC) dropped lawsuits against major crypto firms like Coinbase and Ripple, and repealed restrictive custody accounting rules. Additionally, the Federal Reserve withdrew its guidance that previously required banks to seek approval before engaging in cryptocurrency-related activities, signaling a shift towards a more crypto-friendly regulatory environment .

Legislatively, the administration supported the advancement of stablecoin-specific bills like the STABLE Act and GENIUS Act, aiming to provide regulatory clarity for digital assets. While these developments indicate a pro-crypto stance, the market's response has been cautious, with stakeholders seeking more decisive actions and comprehensive legal frameworks to foster growth and stability in the sector .