#特朗普就职百日 #特朗普就职百日 Trump's first hundred days have had a significant impact on the cryptocurrency market. His policy shift has promoted regulatory loosening in the industry, including signing an executive order to establish a Bitcoin strategic reserve, revoking the restrictions on banking cryptocurrency activities from the Biden administration, and supporting the acceleration of the Financial Innovation and Technology Act (FIT21). These initiatives have facilitated the entry of traditional capital, with the total market capitalization of cryptocurrencies surpassing $3 trillion in April 2025, and Bitcoin's market share reaching 61.4%. However, the personal issuance of 'Trump Coin' ($TRUMP) has triggered a market speculation frenzy, with prices plummeting from a high of $75 to less than $10, causing 813,000 wallets to lose over $2 billion, highlighting the high-risk characteristics driven by policy. At the industry level, enforcement actions against exchanges like Coinbase have been withdrawn, and institutions such as American banks have begun issuing stablecoins, indicating a friendlier regulatory environment. However, experts warn that over-reliance on cryptocurrencies could undermine the dollar's status, and policy uncertainty may still trigger market volatility. Overall, Trump's hundred-day policies have boosted industry confidence while also exacerbating the contradiction between speculative risks and long-term financial stability. $BTC