#特朗普就职百日 Trump's first 100 days in office had a significant impact on the cryptocurrency market. His policy shift promoted the loosening of industry regulations, including signing an executive order to establish a Bitcoin strategic reserve, lifting the restrictions on bank cryptocurrency operations imposed during the Biden administration, and supporting the Financial Innovation and Technology Act of the 21st Century (FIT21) for expedited legislation. These initiatives facilitated the entry of traditional capital, with the total market value of cryptocurrencies surpassing $3 trillion in April 2025, and Bitcoin's market share reaching 61.4%. However, the personal issuance of 'Trump Coin' ($TRUMP) triggered a market speculative frenzy, with prices plummeting from a peak of $75 to less than $10, resulting in over 810,000 wallets losing more than $2 billion, exposing the high-risk characteristics driven by policy.