Crypto Left Out: President Donald Trump Fails to Prioritize Cryptocurrency in Policy Agenda

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  • Policy Silence Shocks Crypto Enthusiasts: Despite prior campaign promises, Trump’s policy document excludes cryptocurrency, creating uncertainty and investor disappointment.
  • Bitcoin Endures Market Sensitivity: While Bitcoin remains central, its price decline underscores the crypto market’s reaction to unclear regulatory priorities.

Despite the anticipation surrounding Donald Trump’s upcoming inauguration, as CNF highlighted recently. It has led investors to eye top altcoins for the 2025 bull run, the crypto community is surprised by the exclusion of cryptocurrency from the administration’s initial policy agenda.

Although Trump’s previous vocal support for cryptocurrencies, his administration’s policy document, sent to Republican lawmakers, notably omits any mention of digital assets. This omission has raised concerns within the crypto community, especially considering Trump’s campaign promises to establish a Strategic Bitcoin Reserve and address regulatory challenges like Operation Chokepoint.

However, event though reports from Punchbowl News confirm that the Trump administration did not prioritize cryptocurrency in its policy outline, though two policy points could indirectly relate to the industry:

President Trump will announce the America First Trade Policy. and America will no longer be beholden to foreign organizations for national tax policy, which punishes American businesses.

Market Reacts to Policy Silence

The absence of immediate policy support for cryptocurrencies has impacted the market. Bitcoin, which had surged past $109,000 in anticipation of pro-crypto policies, dropped to $102,086 following the release of the administration’s policy document. This downturn reflects investor disappointment and uncertainty about the regulatory environment for digital assets under the new administration.

Amidst the ambiguity, World Liberty Financial (WLFI), a DeFi project associated with the Trump family, has made significant moves in the crypto market. Recently, WLFI transferred approximately $59.8 million worth of Ethereum to Coinbase Prime, potentially signaling asset liquidation.

Furthermore, WLFI has invested heavily in cryptocurrencies like Ethereum (ETH), TRON (TRX), Aave (AAVE), Chainlink (LINK), and Ethena (ENA), indicating strategic diversification in the DeFi sector.

Bitcoin Remains in Focus

Despite the lack of clear crypto policies, Bitcoin continues to be the leading asset in the conversation. Its recent price dip to $102,086 highlights market sensitivity to regulatory developments. Nonetheless, Bitcoin’s status as a store of value and hedge against traditional markets ensures its central role in the broader crypto narrative.

Currently, according to CoinMarketCap, Bitcoin trades at $101,811.21, reflecting a 0.72% decline in the past day but a 6.94% increase over the past week.

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