In his first 100 days, Trump promoted trade protectionism, imposing a 25% tariff on multiple countries, which triggered market risk aversion. At the same time, he established a strategic Bitcoin reserve, appointed a cryptocurrency director, and hosted a cryptocurrency summit at the White House, declaring the U.S. as the capital of cryptocurrency.

Trump's impact on digital currencies is multifaceted; on one hand, his strong support for Bitcoin is beneficial for the improvement and rationalization of digital currency policies. On the other hand, his vigorous implementation of tariffs has brought volatility and uncertainty to digital currencies.