Trump effect (re)triggered. The imminent arrival of Donald Trump at the White House could she have the same effect as her election on the cryptocurrency market? The return of Bitcoin above $100,000 seems to confirm this. Even more so if we consider the latest statements of the president-elect a few days before his inauguration. Indeed, he shows himself open to creating a “America-first” strategic reserve giving priority to projects located in the United States. This is within the framework of a policy which would make the crypto subject a national priority!
- The imminent inauguration of Donald Trump has reignited speculation about a possible positive influence on the cryptocurrency market.
- Trump could establish an “America-first” strategic reserve in cryptocurrencies, prioritizing projects based in the United States.
Donald Trump: an “America-first” strategic reserve
L’investiture de Donald Trump is scheduled for January 20. A deadline that could quickly trigger a change in the political landscape for the cryptocurrency ecosystem established in the United States.
At the same time, a central question remains in everyone's minds. Will the next American president create this famous strategic reserve in Bitcoin that everyone has been talking about for months?
A subject brought up again by the New York Post, using anonymous sources close to the matter. This about a “America-first” procedure visibly broader than just Bitcoin.
Indeed, Donald Trump would show himself ” open ” to the constitution of a strategic reserve in cryptocurrencies. But with instructions to give priority to projects based in the United States territorylike the stablecoin USDC de Circle or Solana (SUN) et Ripple (XRP).
A crypto opening which will put some Bitcoin maximalists in PLS. While, at the same time, Ripple’s XRP explodes by 45% over the last 7 days breaking an ATH several years old. That is to say almost 6 times more than Bitcoin over the same period, despite its promising return above $100,000 !
-Cryptocurrencies: a “national political priority”!
However, the question of this national crypto reserve appears almost anecdotal. Because it seems that future President Donald Trump sees even bigger for cryptocurrencies in the United States.
Indeed, it would be a question of quickly issuing a decree able to define this sector as a “national political priority” during his mandate. In any case, this is what a recent article from Bloomberg media reveals.
All accompanied by the establishment of a crypto advisory boardalready considered since last November. This aims to allow “America-first” crypto players to weigh in the decisions of his administration on the subject.
Everything suggests that Donald Trump's arrival in power will be accompanied by a pro-crypto policy effective. Even more so with his recently affirmed desire to twist the arm of the SEC to freeze non-criminal cases linked to this ecosystem.
