#BitcoinPolicyShift Yes, Donald Trump's influence on Bitcoin and cryptocurrencies generally causes short-term fluctuations. Especially his crypto-friendly statements or remarks supporting Bitcoin during his campaign can create short-lived increases in the market. However, in the long term, the price of Bitcoin is more determined by macroeconomic factors (FED policies, inflation, institutional investor interest) and the balance of supply and demand.

Although Trump's pro-crypto stance becomes evident especially during the election process, larger catalysts are needed for the market to enter a lasting bull trend. Therefore, the "Trump effect" generally creates a short-term price movement, but whether the long-term rise will continue depends on broader factors.