#Trump100Days Trump's 100 Days: Crypto's Rollercoaster Ride

In just over three months, President Trump has made significant moves in the cryptocurrency space. From establishing a Strategic Bitcoin Reserve to appointing crypto-friendly officials, his administration has signaled a strong pro-crypto stance. The SEC has dropped lawsuits against major crypto firms like Coinbase and Ripple, and there's been a push to deregulate the industry.

However, despite these efforts, the market hasn't responded as enthusiastically as expected. Bitcoin has seen a decline of about 10% since inauguration day, and other cryptocurrencies like XRP have also dipped. The launch of the $TRUMP memecoin, while initially booming, has raised eyebrows regarding potential conflicts of interest.

While the administration's moves have been bold, the crypto community remains cautiously optimistic, waiting to see if these policies will lead to long-term growth or if they're just short-term hype.