Opinion: Cryptocurrency investors are closely watching whether Trump can fulfill his promises within the first 100 days of his term
ChainCatcher news, according to Morningstar, investors seeking to continue the cryptocurrency bull market will closely monitor any regulatory changes in 2025, as well as whether Trump's commitments to the crypto industry will materialize. Trump has repeatedly vowed to support the crypto industry during his campaign and has received backing from several key figures in the sector.
Fundstrat's head of digital assets, Sean Farrell, explained, "The first 100 days of Trump's term will be very, very important, as analysts often use the 'first 100 days' as a benchmark for measuring the efficiency and influence of an incoming U.S. president." Although the incoming president has yet to outline any specific plans, investors will be watching to see if Trump fulfills his promise to establish a strategic Bitcoin reserve in the U.S., which primarily includes:
- Clear guidelines on which cryptocurrencies should be classified as securities;
- Whether Trump will fulfill his commitment to establish a strategic Bitcoin reserve in the U.S.;
- Any changes to the SAB121 bill, which establishes accounting standards for companies that custody cryptocurrencies, requiring publicly traded companies, including banks, to recognize the cryptocurrencies they hold in custody as liabilities on their balance sheets;
- Whether the Federal Reserve will significantly lower its key policy interest rates in 2025.
