#Trump100Days

In the first 100 days of President Trump's second term, the cryptocurrency landscape experienced notable shifts. Trump's administration took significant steps to reshape digital asset policies, including issuing Executive Order 14178, which revoked previous regulations and established a Presidential Working Group to develop a federal framework for digital assets. This move aimed to provide regulatory clarity and promote innovation in the crypto sector. Additionally, the SEC rescinded Staff Accounting Bulletin No. 121, easing restrictions on financial institutions' ability to custody crypto assets. Despite these regulatory advancements, market reactions were mixed; Bitcoin's price declined by over 10% from its inauguration-day peak, influenced by broader economic uncertainties and trade policies. Furthermore, the administration's establishment of a Strategic Bitcoin Reserve signaled a commitment to integrating cryptocurrencies into national financial strategies. While these initiatives laid the groundwork for future growth, the immediate impact on the crypto market was tempered by external economic factors.