In their respective first 100 days, Presidents Joe Biden and Donald Trump took markedly different approaches to cryptocurrency, leading to contrasting market reactions.
Biden’s Approach (2021): President Biden emphasized regulatory oversight, with the Securities and Exchange Commission (SEC) under Gary Gensler scrutinizing digital assets. This led to increased enforcement actions, causing uncertainty in the crypto market. Bitcoin’s price fluctuated, reflecting investor caution amid potential regulatory crackdowns.
Trump’s Approach (2025): In contrast, President Trump’s return to office in 2025 brought a pro-crypto stance. He signed an executive order promoting digital assets, proposed a U.S. Strategic Bitcoin Reserve, and appointed crypto-friendly officials like Paul Atkins to key regulatory positions. These moves boosted investor confidence, propelling Bitcoin to an all-time high of over $109,000 .
While Biden’s tenure introduced caution and regulatory scrutiny, Trump’s policies fostered optimism and market growth in the crypto sector.