The Trump administration has significantly altered cryptocurrency enforcement, dismantling the National Cryptocurrency Enforcement Team (NCET) and enacting a new regulatory landscape that has driven a surge in market activity. President Trump led this deregulation effort, followed by Deputy Attorney General Todd Blanche’s formal disbandment of the NCET. This shift marks a departure from previous prosecutorial focus on investor harm in digital assets, signaling a pro-innovation approach. Bitcoin notably surged past $100,000 as investors reacted to the regulatory changes, along with significant gains in Ethereum and Solana. Experts suggest this deregulation could accelerate innovation in DeFi and privacy coins previously targeted by the NCET. The potential for increased activity across decentralized exchanges and protocols makes it a crucial time for observing market shifts.