#Trump100Days

Trump’s First 100 Days & Crypto: What You Need to Know

When Donald Trump stepped into the Oval Office in early 2017, Bitcoin and other cryptocurrencies were gaining traction — but they weren’t on the White House radar just yet.

Here’s a snapshot of the crypto scene during Trump’s early days:

1. Crypto Wasn’t on the Agenda

During his first 100 days, Trump didn’t mention Bitcoin or digital assets publicly. His administration was focused on immigration reform, tax cuts, and health care. Crypto remained a low-profile topic in Washington.

2. The Market Was Heating Up

While the government stayed quiet, the crypto community was buzzing. Bitcoin hovered around $1,000 in January 2017 — and by December, it surged to nearly $20,000. Interest from investors and the tech world was accelerating.

3. Regulators Were Paying Attention

Agencies like the SEC and CFTC began issuing warnings about crypto-related scams and unregulated markets. No major actions were taken early on, but behind the scenes, the government started monitoring the space.

4. Trump’s Economic Team Was Wary

Later in his term, some of Trump’s key appointees — like Treasury Secretary Steve Mnuchin — voiced concerns about crypto’s risks, especially regarding fraud and money laundering. Those cautious views were still developing in the first 100 days.

The Bottom Line:

Crypto wasn’t a priority in Trump’s early presidency, but the groundwork for future policy was being laid. While Washington stayed mostly silent, Bitcoin and the broader crypto market were gearing up for explosive growth.

$BTC