Since Donald Trump's inauguration, 100 days have passed, and this period has been filled with events that have affected the cryptocurrency market.
Government Bitcoin Reserve
One of the key steps of the Trump administration was the creation of a government Bitcoin reserve in the USA
According to the signed decree, the government ceased the sale of confiscated BTC and focused on accumulating them. Analysts estimate that the US government currently holds about 200,000 BTC, which is equivalent to $18.7 billion.
Cryptocurrency Market: Volatility and Decline
Despite positive steps in regulation, the cryptocurrency market faced a massive sell-off. On the day of inauguration, Bitcoin reached $110,000, but by April 30, its price had dropped by about 13%, trading just above $95,000.
Ethereum lost about 48%, dropping to $1,800. The overall cryptocurrency market capitalization shrank by more than 15%, reaching $2.97 trillion.
The Future of the Crypto Market Under Trump
Experts note that the Trump administration is actively promoting digital finance, but uncertainty in the global economy and US trade policy continues to pressure cryptocurrencies.
In the coming months, the market may stabilize if the government presents a clear regulatory and support strategy for the blockchain industry.
Do you think the crypto market will be able to adapt to the new economic reality?
