#Trump100Days

Here's a summary of Trump's first 100 days in office and their impact on the crypto industry:

Key Developments

- *Crypto-Friendly Policies*: Trump's administration has shown a more crypto-friendly stance, with appointments of pro-crypto leaders to the SEC and CFTC.

- *Strategic Bitcoin Reserve*: Trump signed an executive order creating a Strategic Bitcoin Reserve to formalize the US's stake in crypto markets.

- *Blockchain Policy*: The administration has made efforts to develop a regulatory framework for the crypto industry.¹ ²

Market Impact

- *Volatility*: Crypto markets experienced turbulence, with Bitcoin's value fluctuating between $80,000 and $109,114.

- *Trade Wars*: Trump's trade policies and tariffs have affected crypto miners and the broader economy.

- *Recession Concerns*: Fears of a recession have risen, impacting crypto markets.³

Controversies

- *Conflict of Interest*: Trump's ties to blockchain projects have raised ethical questions.

- *Market Manipulation*: Accusations of market manipulation have surrounded Trump's crypto ventures.