On the day of Trump's 100th day in office, Wall Street felt like it was sitting on a volcano—his signed 'Executive Order 77 on the Financial System' directly sent the cryptocurrency industry skyrocketing. The document contained two bombshell clauses: the Treasury is to establish a 'dollar stablecoin' to counter USDT while ordering the SEC to provide clear token security identification standards within 90 days. Bitcoin surged past $100,000, while Coinbase's stock price experienced wild fluctuations, resulting in three trading halts in a single day.

The most exquisite part is the political calculation; this executive order was deliberately released on the eve of the Federal Reserve's monetary policy meeting. Now Powell is being grilled—he has to deal with Trump's demand for a '500 basis point rate cut,' while also addressing the ensuing dollar collapse. Goldman Sachs' internal models indicate that the new policy could lead to $2.3 trillion in capital leaving the bond market, with one-third of that frantically rushing toward Bitcoin ETFs. But the real drama is on Capitol Hill, where Democratic lawmakers suddenly shifted to support cryptocurrency regulation because their donors realized the new tax law allows for anonymous political donations using cryptocurrency.