#Trump100Days

**The Impact of Trump's Decisions on Cryptocurrencies: Between Shocking Statements and Economic Reality**

The first hundred days of **Donald Trump's** presidency witnessed a notable interaction with the cryptocurrency market, despite his lack of direct focus on it. While Trump made statements criticizing **Bitcoin** and described it as a "dangerous speculation," considering it a threat to American financial sovereignty, his economic policies were creating an indirect environment affecting this emerging market.

Economically: His significant tax cuts for corporations in 2017 led to an influx of investments in financial markets, including cryptocurrencies, as an attempt to escape the expected inflation. Additionally, his trade war with China supported the position of **Bitcoin** as a "safe haven" alternative to gold, especially with rising fears of a collapse in global trade agreements.

Regulatory-wise: Trump's administration witnessed an increase in Congressional discussions about tightening regulation on cryptocurrencies, under the pretext of combating money laundering and terrorism financing. These regulatory threats caused sharp fluctuations in the prices of digital currencies, despite not turning into actual laws.

Socially: Trump exploited his populist rhetoric to warn Americans against "distrusting" digital currencies, reinforcing skepticism among a segment of the public towards them. Conversely, Trump's rural base found in cryptocurrencies a tool for rebellion against the financial system.