Historical data suggests that presidential inaugurations can significantly influence the cryptocurrency market. Let's explore how such inaugurations impacted the market in 2017 and 2021, and what prospects lie ahead for 2025.
The 2017 Inauguration Rally: Early Bullish Signals
In 2017, the cryptocurrency market experienced substantial growth following the presidential inauguration. $TOTAL started from a level below $20 billion in January and soared beyond $100 billion by mid-year. This marked the beginning of the now-famous bull rally, with Bitcoin nearly reaching $20,000. Dom’s chart shows a consolidation phase just after the inauguration, followed by explosive growth.
The 2021 Inauguration: A Repeat of History
January 2021 again shows similarities with the past. After the inauguration, a phase of consolidation quickly turned into a strong upward momentum. The crypto market cap surged from approximately $800 billion to more than $2.5 trillion by November, driven by institutional adoption and DeFi mania.
2025: A Crypto-Friendly Administration and New Possibilities
2025 shows a similar picture with $TOTAL consolidating around $1.5 trillion. However, the pro-crypto stance of the new administration could be a catalyst for unprecedented growth. Support for blockchain innovation and digital assets may lay the groundwork for regulatory clarity and wider adoption.
History indicates that presidential inaugurations can drive significant changes in the cryptocurrency market. 2025 holds the potential to replicate past successes with support from the new pro-crypto administration.
