On the 100th day of Trump's inauguration, Wall Street felt like it was sitting on a volcano—his signed Executive Order No. 77 directly blew the crypto industry sky-high. The document contained two nuclear-level clauses: the Treasury Department is to establish a 'dollar stablecoin' to counter USDT, while ordering the SEC to produce clear token security identification standards within 90 days. Bitcoin surged past $100,000, while Coinbase's stock price experienced three circuit breakers in a single day amidst wild fluctuations.

The most exquisite part is the political calculation; this executive order was intentionally released on the eve of the Federal Reserve's interest rate meeting. Now Powell is being grilled—he has to handle Trump's demand for a '500 basis point rate cut' while also dealing with the ensuing dollar collapse. Goldman Sachs' internal models indicate that the new policy could lead to $2.3 trillion in capital fleeing the bond market, with a third of that crazily pouring into Bitcoin ETFs. But the real drama is on Capitol Hill, where Democratic lawmakers suddenly collectively shifted to support crypto regulation, as their benefactors discovered that the new tax law allows for anonymous political donations using cryptocurrencies.