12h30 ▪
4
min reading ▪ by
Evans S.
Donald Trump's mandate begins on an unexpected note for the cryptosphere. While many were hoping for strong announcements from day one, the president remained silent on digital assets, plunging markets into doubt. But 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 blockchain players.
However, its first 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 was interpreted by some as a warning signal.
Indeed, bitcoin, already under pressure, fell 6% in a few hours, going from a historic high of $108,786 to $102,000. The market reaction illustrates the emotional volatility that characterizes the crypto ecosystem. But is it really justified? For many, the lack of clear guidelines from day one is a calculated strategy rather than negligence.
Some industry players point out that expectations of Trump are sometimes excessive. Commentator “MacroScope” reminded that bitcoin, as a niche topic, has no place in a presidential inaugural address.
This observation, although rational, does not completely calm people's minds. In an industry where a leader's every word can influence the markets, lack of communication is a risk in itself.
A community shared between uncertainty and optimism
Despite this quiet start, there is no shortage of positive signals. Several influential figures, such as Jake Chervinsky, a lawyer specializing in cryptocurrencies, are highlighting significant advances in American regulators.
With interim leaders at the SEC and CFTC favoring pro-crypto policies, the outlook appears to be brightening. These appointments could finally mark a turning point in favor of clear and less punitive regulation.
-For his part, Circle CEO Jeremy Allaire expressed his 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 policy seeks to catch up in the face of a booming industry. Allaire has also advocated for the removal of certain regulatory barriers, such as the SEC's SAB 121, that hinder the adoption of digital assets by financial institutions.
Finally, influential traders and analysts, like “Satoshi Flipper”, adopt a reassuring tone. According to them, Trump has already demonstrated his interest in crypto through his past actions, such as promoting his own memecoin. They call for patience, arguing that the absence of official statements does not mean disinterest.
If Donald Trump's silence has shaken the markets, it is not enough to shake the confidence of the sector's leaders. Ongoing policy and regulatory initiatives paint a promising horizon for digital assets. Certainly, volatility remains a major challenge, but the crypto industry has been built on its resilience.
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Evans S.
Fascinated by bitcoin since 2017, Evariste has continued to research the subject. If his first interest was in trading, he is now actively trying to understand all the advances centered on cryptocurrencies. As an editor, he aspires to continually deliver high-quality work that reflects the state of the industry as a whole.
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