Trump’s Crypto Presidency: A 100-Day Rollercoaster in Cryptocurrency & US Economics

Donald Trump’s first 100 days in office marked a chaotic period for both the cryptocurrency market and the U.S. economy, with significant shifts driven by his crypto-friendly policies and controversial actions. Launching his own memecoin, Trump promoted it aggressively, igniting speculation and debate. His administration also implemented several policy changes that influenced the digital currency landscape. These actions included a ban on the U.S. digital dollar and the creation of a Bitcoin reserve, which largely consisted of seized government assets. While experts have voiced concerns about the effectiveness of these policies, they represent a notable departure from traditional economic approaches. The President’s actions also coincided with an increase in public scrutiny surrounding his ties to blockchain ventures. Critics argue that these ventures pose ethical and legal complexities, leading to heightened accusations of corruption.