#Trump100Days
In his first 100 days back in office, Donald Trump reignited strong market sentiment, including within the cryptocurrency space. Known for his pro-business and anti-regulation stance, his administration’s early messaging hinted at a more favorable environment for digital assets. Although Trump was previously critical of Bitcoin and other cryptocurrencies, recent campaign rhetoric and fundraising through NFTs suggested a shift in tone — or at least a more pragmatic approach.
Crypto markets reacted with optimism. Bitcoin and leading altcoins saw upward momentum, driven by speculation that Trump’s policies would push for lighter regulation, potential SEC reform, and an overall more welcoming framework for blockchain innovation. This contrasted with the stricter stance taken during the Biden administration, particularly under SEC Chair Gary Gensler, whose actions toward crypto companies were widely seen as aggressive.
Institutional investors also grew more confident, hoping for clearer regulatory guidelines and tax benefits under Trump’s leadership. While no concrete policy changes were announced in these initial days, the market responded largely to the anticipation of a friendlier climate. Altcoin rallies, increased trading volume, and renewed retail interest reflected this mood.
In essence, Trump’s early days signaled a potentially bullish phase for crypto, powered more by perception than policy—at least for now.