Since Donald Trump’s recent election victory, the cryptocurrency market has gone and witnessed incredible changes. In December 2024, Bitcoin hit $100,000 and marked the second of its historic highs. This was part of Trump’s victory and his changing perspectives on digital currencies. From a mere skeptic to becoming the Trump Pro Crypto president who fully supports crypto.
Key-Takeaways:
- After Trump’s election victory, Bitcoin reached $100,000, fueled by his pledges to make America the place for crypto and push for looser regulations.
- By appointing crypto-friendly people like Paul Atkins and David Sacks, Trump showed that there was a big shift in U.S. cryptocurrency policy.
- Experts say the signs of optimism off the market indicate potential new investors could be exposed to cryptocurrency’s high risks despite a lack of mainstream credibility.
President Trump Pro Crypto in 2025
Since he was previously skeptical about cryptocurrency, the president-elect has totally changed his tune. For now, he encouraged crypto and actively took cryptocurrency donations for his campaign. But his family has also invested in World Liberty Financial, a crypto project founded by industry titan Justin Sun.
Trump Pro Crypto is a showcase of his support towards the cryptocurrency industry. For head of the Securities and Exchange Commission, he picked Paul Atkins, a former cryptocurrency lobbyist. The president-elect also appointed the former PayPal executive David Sacks to create a new position as an AI and crypto czar.
The Crypto Market’s reaction towards Trump Pro Crypto
Trump’s election victory triggered an immediate response from the crypto market. After the results came in following Election Day, Bitcoin jumped 8%. In addition, Dogecoin, championed by Trump ally Elon Musk, increased by 18%, too. For crypto’s future, investors and traders believe these changes are positive.
Clearly, the incoming Trump Pro Crypto administration has promising plans towards cryptocurrency regulations. But under Gary Gensler, current SEC regulations provide for a very strict classification of crypto exchanges by security. But Trump’s team argues for lighter regulation. They rather have oversight from their Commodities and Futures Trading Commission than the SEC.
Reserve Plans of the Crypto Landscape
Trump added that the government should reserve Bitcoin. Just as the U.S. strategic oil reserve will work in this plan. Rather than selling seized cryptocurrency, the government would keep it as a reserve. “Stabilizing crypto prices and increasing mainstream acceptance” is what financial experts believe this could do.
Some experts are worried about the risks of increased crypto adoption to be optimistic. Cryptocurrencies might not be for inexperienced investors. New investors might misunderstand the risks and that’s the problem, says Professor Eswar Prasad. People will likely start to see crypto as a safe investment as people look to trust it much more as it has the presidential seal of approval.
The Trump administration is back into the crypto market to gain back the position of the US globally. Global market leaders swear they are being pushed offshore by current regulations. Trump’s policies may ensure these companies return, and the United States lead back in digital assets.
Conclusion: Trump Pro Crypto developments within USA and Crypto Market
One of the problems with the Trump Pro Crypto administration is how they would balance innovation along with investor security. In the future, maybe the next leader of America would change its policies and regulations in the crypto market.
However, it’s only time before these changes will have an impact on how the broader economy as well as individual investors are viewed. What do you make of the new Trump Pro Crypto leadership? Let us know in the comments.
