13h00 ▪
4
min read ▪ by
The mandate of Donald Trump begins on an unexpected note for the cryptosphere. While many had hoped for strong announcements from day one, the president remained silent on digital assets, leaving the markets in doubt. However, beyond this first day, encouraging signals are emerging.
Trump’s First Day: Unmet Expectations for Bitcoin
Donald Trump, whose campaign openly flirted with the crypto industry, began his term under the watchful eye of investors and participants in the blockchain.
Yet, his initial actions, although numerous, left no room for crypto. No mention of bitcoin, no allusion to digital assets in his decrees or inaugural speeches. This silence has been interpreted by some as a warning signal.
Indeed, bitcoin, already under pressure, fell by 6% in just a few hours, dropping from an historic high of $108,786 to $102,000. The market’s reaction illustrates the emotional volatility that characterizes the crypto ecosystem. But is this really justified? For many, the lack of clear directives from day one is a calculated strategy rather than negligence.
Some industry players point out that expectations of Trump are sometimes exaggerated. The commentator “MacroScope” noted that bitcoin, as a niche subject, does not belong in an inaugural presidential speech.
This observation, while rational, does not completely calm the spirits. In an industry where every word from a leader can influence the markets, the absence of communication is a risk in itself.
A Community Torn Between Uncertainty and Optimism
Despite this silent start, positive signs abound. Several influential figures, such as Jake Chervinsky, a lawyer specializing in cryptocurrencies, highlight significant advancements in American regulators.
With interim leaders at the SEC and CFTC supportive of pro-crypto policies, the outlook seems to be brightening. These appointments could finally mark a turning point in favor of clear and less punitive regulation.
For his part, Circle’s CEO, Jeremy Allaire, expressed optimism at the World Economic Forum in Davos. According to him, Congress is preparing to accelerate its work on crypto regulation.
This anticipation reflects a dynamic where American politics seeks to catch up with an expanding industry. Allaire also advocated for the removal of certain regulatory barriers, such as SEC’s SAB 121, which hinder the adoption of digital assets by financial institutions.
Finally, influential traders and analysts like “Satoshi Flipper” adopt a reassuring tone. They argue that Trump has already shown his interest in crypto through past actions, such as promoting his own memecoin. They call for patience, arguing that the absence of official statements does not indicate a lack of interest.
If Donald Trump’s silence has shaken the markets, it is not enough to undermine the confidence of industry leaders. The ongoing political and regulatory initiatives outline a promising horizon for digital assets. Certainly, volatility remains a major challenge, but the crypto industry was built on its resilience.
Maximize your Cointribune experience with our “Read to Earn” program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Fasciné par le bitcoin depuis 2017, Evariste n’a cessé de se documenter sur le sujet. Si son premier intérêt s’est porté sur le trading, il essaie désormais activement d’appréhender toutes les avancées centrées sur les cryptomonnaies. En tant que rédacteur, il aspire à fournir en permanence un travail de haute qualité qui reflète l’état du secteur dans son ensemble.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
