According to the OGE document, Trump has bought over 100 million dollars in bonds since taking office in January, including municipal and corporate bonds, with 690 transactions made public on Tuesday. CNBC calculated that, at the lower limit, it is at least 100 million.
Trump's actions are somewhat ironic; he promotes cryptocurrency but is buying traditional bonds in large amounts, possibly to hedge against inflation or political uncertainty. Combined with Brazil's interest in investing in Bitcoin reserves, this indicates that the leadership is diversifying assets, which could benefit cryptocurrencies.
I believe this suggests that the bond market and cryptocurrency market can coexist in a bull market, and Trump's policies may be favorable for BTC. There is strong buying interest in short-term bonds, but cryptocurrency inflows have decreased by 24%. It is recommended to observe the Federal Reserve's dynamics and consider allocating mixed assets for risk hedging.