#Trump100Days Trump’s First 100 Days and Crypto: What You Should Know
Back in early 2017, when Donald Trump first became president, cryptocurrency (especially Bitcoin) was starting to get more attention — but it wasn’t a big part of the government’s focus yet.
Here’s what was going on with crypto during Trump’s early days:
1. Not a Priority Yet
In his first 100 days, Trump didn’t say much publicly about Bitcoin or other cryptocurrencies. His team was focused more on immigration, taxes, and health care. So crypto flew under the radar for a while.
2. Market Buzz Was Growing
Even though Trump wasn’t talking about it, the crypto world was heating up. Bitcoin was worth about $1,000 in January 2017 — and by the end of the year, it would soar to nearly $20,000. Investors and tech folks were starting to take it seriously.
3. U.S. Government Was Watching Quietly
Agencies like the SEC (Securities and Exchange Commission) and CFTC (Commodity Futures Trading Commission) started warning people about crypto scams and unregulated trading. They weren’t making major moves yet, but they were paying attention.
4. Trump Appointees Were Cautious
Some of Trump’s picks for top economic jobs, like Treasury Secretary Steve Mnuchin, later took a more cautious view of crypto. They were worried about crime, money laundering, and lack of control — but those opinions developed more later in his presidency.