Unlike the heroic image of shouting "Make America Great Again" after being shot last year, U.S. President Donald Trump has officially completed his first 100 days since taking office on January 20th this year.
However, his series of policies continue to spark widespread controversy: from global tariff wars to launching a meme coin $TRUMP, criticism and ridicule from the overwhelming all directions., are now questioning whether Trump can fulfill his campaign promises regarding economic recovery and the cryptocurrency industry.
Major Crypto Events in Trump's First 100 Days
Trump's economic policies have visibly impacted the overall market, and undeniably, he has made certain moves in the cryptocurrency domain. Currently, the Trump administration has introduced multiple policies supporting cryptocurrencies, including establishing Bitcoin reserves and appointing crypto-friendly officials, consistent with his campaign promise to "Make America the World's Crypto Capital". Despite controversies surrounding his personal mcoin project, of his are still as viewed positp>, Below is a compilation of Trump's work during his first 100 days, particularly highlighting his actions in the cryptocurrency field:
- January 20On Trump's inauguration day, his family investment company WLFI launched a token causing a sensation, but faced questioning due to non-transferable tokens.
- January 20th crypto-supportive leaders to and cli January stannounced aced $500 billion "" stargate" AI infrastructure investment plan led by OpenAI, SoftBank, expected to create 10,000 jobs.
- January 21st: announced pardoning Silk Road 2.0Ross ulbricht, fulfilling his campaign promise to the the crypto community.
- January 23rd: Executive orderto prohibit U States central bank digital digital () and established a working group to promote the.
- February 1st: Imposed comprehensive tariffs on Canada, Mexico, and China, causing stock and cryptocurrency price crashes, initiating a trade war.
- February 12th: Conducted a prisoner exchange, releasing money launderer Alexander Vinnik in exchange for American U teacherel li >7> >March 7th: Signed an executive order establishing a Bitcoin Reserve" Bitcoin, Other assets li7: Hosted a cryptoincryptocurrency summit with leaders like Coinbase CEObase Brian discussing and>
- <>2announced Liberation Day", imposing minimum 10% reciprocal tariffs on all trade partners, causing market-wide decline and increased cryptocurrency mining costs.
- 3kyFounder Trump went Too FarHowever, while Trump is indeed promoting U.S. cryptocurrency industry development, Anthony Scaramucci from SkyBridge Capital, a Wall Street hedge hedge fund friendly to cryptocurrencies, recently offered sharp criticism in a Cointelegraph interview (Scaramucci served as White House Communications Director for 11 days in 2017, setting a record for the shortest tenure).
Scaramucci pointed out that Trump's global global trade wars significantly impacted the cryptocurrency market, causing price volatlines due to macmacroeconomic uncertainty, and rising electronic product prices made Bitcoin mining unsunsustainable. Scaramucci warned: "Trump has too far,, making stablecoin legislation even more challenging".
