#Trump100Days

#Trump100Days

Trump’s First 100 Days & Crypto: What Was Happening?

When Donald Trump took office in early 2017, Bitcoin and other cryptocurrencies were gaining momentum—but they weren’t yet on the White House radar.

Here’s a quick look at the crypto landscape during Trump’s first 100 days:

1. Crypto Wasn’t on the Agenda

Trump and his administration stayed mostly silent on Bitcoin and crypto during the early months. Their focus was elsewhere—immigration, healthcare, and tax reform dominated the agenda.

2. The Market Was Heating Up

While Washington wasn’t talking about it, crypto was booming. Bitcoin started 2017 at around $1,000 and surged toward $20,000 by year’s end. Investors and innovators were paying attention, even if the government wasn’t.

3. Regulators Were Watching from the Sidelines

Federal agencies like the SEC and CFTC were beginning to monitor the space. No major regulations yet, but the warnings about scams and risky trading were starting to surface.

4. Trump’s Economic Team Was Wary

Key figures like Treasury Secretary Steve Mnuchin later voiced concern over crypto’s potential role in illegal activities. That skepticism would shape the administration’s stance as time went on.

The Takeaway:

Crypto wasn’t a priority during Trump’s first 100 days—but the groundwork was being laid. The market was gaining speed, and regulators were starting to pay closer attention. What happened in those early months set the tone for the crypto debates that followed.