After Trump took office, although he introduced some policies favorable to the cryptocurrency sector, such as loosening regulations and supporting innovation, these benefits were quickly overshadowed by the uncertainty he created at the macroeconomic level.
Some of his policies, such as the trade war and tax reform, actually triggered market tightening and volatility in the short term, leading to a decline in investor confidence. Additionally, the cryptocurrency market had already overly speculated on the 'Trump benefits,' leading to expectations being overdrawn; as a result, after he took office, the cryptocurrency market began to decline continuously.
To truly turn the situation around, it may be necessary to wait until Trump's macroeconomic policies gradually take effect, the market stabilizes, and the favorable policies for the cryptocurrency sector genuinely attract a large influx of capital. Only when substantial progress is made in both areas is it possible for the cryptocurrency market to welcome a true reversal.
In simple terms, the short-term uncertainty has overshadowed the benefits for the cryptocurrency sector, while in the long term, the market needs time and actual results to rebuild confidence.
