#Trump100Days 👇🏻🔥💥🚀

In the first 100 days of President Trump’s second term, the cryptocurrency market experienced significant volatility, influenced by a mix of policy shifts and macroeconomic factors. 

💥Market Performance:👇🏻

👉🏻Bitcoin (BTC): After reaching an all-time high of $110,000 on Inauguration Day, Bitcoin’s price declined by approximately 10%, currently trading around $94,566.

👉🏻Ethereum (ETH): Similarly, Ethereum saw a decrease, with its price now at approximately $1,773.

👉🏻Other Altcoins: Solana (SOL), XRP, and Cardano (ADA) also faced downturns, reflecting broader market apprehensions.

💥Policy Initiatives:👇🏻

👉🏻Strategic Bitcoin Reserve: President Trump announced the creation of a U.S. Strategic Bitcoin Reserve, utilizing seized crypto assets. While this move signaled support for digital assets, it fell short of market expectations for more aggressive adoption.

👉🏻Regulatory Changes: The SEC, under new leadership, dropped lawsuits against major crypto firms like Coinbase and Ripple, and repealed restrictive custody accounting rules. These actions aimed to foster a more crypto-friendly regulatory environment.

💥Macroeconomic Factors:👇🏻

👉🏻Trade Policies: The introduction of “Liberation Day” tariffs led to significant stock market sell-offs, indirectly impacting crypto markets.

👉🏻Investor Sentiment: Despite regulatory easing, investor confidence remained subdued due to the lack of comprehensive legal frameworks for token classification and stablecoins.

In summary, while the Trump administration’s initial actions signaled a shift towards embracing cryptocurrency, the market’s response has been cautious, awaiting more definitive policy implementations and clarity.