On the day of Trump's 100th day in office, Wall Street felt like it was sitting on a volcano—his signed "Executive Order No. 77 on the Financial System" directly sent the crypto industry skyrocketing. Hidden in the document were two nuclear-level clauses: the Treasury must establish a 'dollar stablecoin' to counter USDT, while ordering the SEC to produce clear token security identification standards within 90 days. Bitcoin surged past $100,000, while Coinbase's stock price experienced three circuit breakers in a single day amidst wild fluctuations.

The most exquisite part is the political calculation, as this executive order was deliberately released on the eve of the Federal Reserve's interest rate meeting. Now Powell is caught in the crossfire—he has to deal with Trump's demand for a '500 basis point rate cut' while also managing the ensuing collapse of the dollar. Goldman Sachs' internal models show that the new policy could lead to $2.3 trillion in capital fleeing the bond market, with a third frantically flowing into Bitcoin ETFs. But the real drama unfolded on Capitol Hill, as Democratic lawmakers suddenly shifted to support crypto regulation because their donors realized the new tax law allows anonymous donations to political campaigns using cryptocurrency.