#Trump100Days In the first 100 days of President Donald Trump's second term, the cryptocurrency landscape experienced significant shifts, influenced by both policy decisions and market reactions.
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🇺🇸 Trump's Crypto Initiatives
Strategic Bitcoin Reserve: In March 2025, President Trump signed an executive order establishing a U.S. Strategic Bitcoin Reserve, utilizing seized assets to bolster national holdings. This move positioned the U.S. as the largest known state holder of Bitcoin, aiming to enhance monetary sovereignty and economic security .
Regulatory Reforms: The Trump administration appointed crypto-friendly figures to key positions, including Paul Atkins as SEC Chair and Brian Quintenz at the CFTC. The SEC dismissed lawsuits against major crypto firms like Coinbase and Ripple, signaling a shift towards a more accommodating regulatory environment .
Memecoin Launch: Just before his inauguration, Trump launched the $TRUMP memecoin, which rapidly achieved a market valuation of $5 billion. While this move energized certain segments of the crypto community, it also raised ethical concerns regarding potential conflicts of interest .
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📉 Market Reactions and Challenges
Bitcoin Price Volatility: Despite initial optimism, Bitcoin's price experienced a decline of over 10% since the inauguration, influenced by broader market uncertainties and aggressive trade policies, including significant tariffs on China .
Impact on Crypto Mining: U.S.-based crypto miners faced increased operational costs due to tariffs on imported mining equipment, leading to financial strain within the mining sector .
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🤝 Binance and Political Engagement
Potential Trump-Binance Deal: Reports indicate that the Trump family, through World Liberty Financial, engaged in discussions with Binance to acquire a stake in its U.S. operations. This coincided with Binance's efforts to seek a presidential pardon for its founder, Changpeng Zhao, following legal challenges .
