On the 100th day of Trump's presidency, the whole Wall Street felt like sitting on a volcano — the Executive Order No. 77 on the financial system he signed directly blasted the crypto industry sky-high. Hidden in the document are two nuclear-level clauses: the Treasury must establish a 'dollar stablecoin' to counter USDT, while ordering the SEC to come up with clear security token identification standards within 90 days. Bitcoin surged past $100,000, while Coinbase's stock price experienced wild fluctuations, triggering a trading halt three times in one day.

The most exquisite part is the political calculation; this executive order was deliberately released on the eve of the Federal Reserve's interest rate meeting. Now Powell is being grilled — having to deal with Trump's demand for a '500 basis point rate cut' while also managing the resulting dollar collapse. Goldman Sachs' internal models show that the new policy could lead to $2.3 trillion in capital fleeing the bond market, with a third of it crazily rushing towards Bitcoin ETFs. But the real drama is on Capitol Hill, where Democratic lawmakers suddenly turned to support crypto regulation because their backers discovered that the new tax law allows anonymous political donations using cryptocurrencies.