In the first 100 days of Donald Trump's presidency in early 2017, cryptocurrency was still a niche topic in the broader financial and political conversation. However, a few key developments and themes emerged during that period:

1. Bitcoin Was Gaining Momentum

Price Surge: Bitcoin's price had begun climbing steadily. In January 2017, Bitcoin was trading around $1,000 and would go on to surpass $2,000 by mid-year, eventually hitting nearly $20,000 by December.

Mainstream Curiosity: Interest from the public and media was rising, though still mostly limited to tech and investment circles.

2. Minimal Government Focus

No Major Crypto Policy: The$TRUMP administration had not yet developed or expressed a clear stance on cryptocurrency during the early months.

Regulatory Silence: Key agencies like the SEC and CFTC hadn’t issued significant guidance specific to crypto during the first 100 days.

3. Blockchain Interest Emerging

Behind the Scenes: Some federal agencies, like the Department of Homeland Security and the Treasury, were beginning to explore blockchain technology for uses like supply chain management and anti-money laundering (AML).

4. ICO Boom Was Brewing

Initial Coin Offerings (ICOs): Though not yet at peak hype, the ICO boom started gaining steam in early 2017, raising regulatory concerns that would come later in the year.

5. Libertarian and Tech-Driven Enthusiasm

Many in the crypto community viewed the new administration as potentially favorable to deregulation and innovation, aligning with crypto’s libertarian roots — though this did not yet translate into concrete policy moves#Trump100Days