• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Trump's Presidency: How Will it Change the Cryptomarket?

user avatar

by Giorgi Kostiuk

6 months ago


Cryptocurrencies are encountering new challenges and opportunities with Donald Trump's presidency. Market participants are closely watching potential policy changes that might affect Bitcoin's price and recognition.

Changes in the Crypto Sphere

This week, focus shifts to possible decisions by Trump that could significantly impact the cryptomarket. Following El Salvador’s recognition of Bitcoin as legal tender, the prospect of the U.S. adopting a similar stance appears more plausible, increasing activity in the crypto sector.

Impact of Trump's Policies on ETF Decisions

Even if the SEC remains under its current leadership post-Gensler, Trump's appointee is expected to take over, potentially causing delays in SOL Coin ETF applications. Although Senate approval is pending, efforts to expedite the process might bear fruit by Thursday.

Potential Market Outcomes

Despite Trump's expected inauguration, any ETF decision delays could indicate market weaknesses. Meanwhile, the new meme coin on the Solana platform launched by Trump may attract interest, helping stabilize SOL Coin's value.

The upcoming week promises to be filled with developments likely to spark reactions in the crypto market. Trump's influence on the cryptomarket and potential Bitcoin recognition in the U.S. remain pivotal topics.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Yapı Kredi Bank Introduces Cryptocurrency Trading Services in Turkey

chest

Yapı Kredi Bank officially announces the launch of a cryptocurrency trading platform, marking a significant development for Turkey's financial landscape.

user avatarGiorgi Kostiuk

Bitcoin Solaris Launches Nova App; BlockDAG’s X1 Miner Surpasses 2 Million Users

chest

Bitcoin Solaris launches Nova app, while BlockDAG's X1 miner has attracted 2 million users.

user avatarGiorgi Kostiuk

Bitcoin Hits Record High: New Peak at $113,700 Driven by Institutional Investments

chest

Bitcoin reached a new high of $113,700 due to institutional inflows and political factors.

user avatarGiorgi Kostiuk

Impact of US Dollar on Global Financial System in Q1 2023

chest

Exploring the factors affecting US Dollar reserves in Q1 2023 and their significance for the global economy.

user avatarGiorgi Kostiuk

Prospects of Solana and Success of Mutuum Finance in DeFi

chest

Solana is gaining momentum, approaching the $180 mark, while Mutuum Finance is successfully conducting its presale.

user avatarGiorgi Kostiuk

ChainCatcher Hosts Discussion on AI and Cryptocurrency Trends

chest

The ChainCatcher event focused on the synergy between AI and cryptocurrency, market impacts, and future trends.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.