Since US President Donald Trump officially took office in January, he has been widely talked about Bitcoin and cryptocurrency measures.
Among his most notable moves to date, Trump is most notable for his own memocoin, Trump launch and signing an executive order for the US Strategic Bitcoin (BTC) Reserve on March 7th.
Trump has also created an internal working group to focus on making the United States a “capital of the world” through executive orders. The order also banned the “establishment, issuance, distribution and use” of the US Central Bank Digital Currency (CBDC).
Trump made many such decisions, but the first 100 days of his presidency brought unprecedented changes to the crypto industry. In addition to the changes, the news that Trump will have dinner with the biggest Trump memo coin holder has sparked criticism and controversy.
Trump announced tariffs on all US trading partners on April 2, calling it the “liberation day” and unveiled bloody Bitcoin and cryptocurrency. After Trump’s statement, the market raided Rockbottom.
The 100 worst day in history!
Trump has provided involvement in both directions. Former White House communications director Anthony Scarumucci argues Trump’s first 100 days are “the worst of modern presidency” despite his cryptocurrency promises.
Scaramucci said the trade war that Trump first began with the announcement of his tariffs was a major political failure.
Second, he said that Trump’s own token debate could have a negative impact on the industry and put industry efforts at risk for change in Congress.
“I think we had the worst 95 days in modern presidential history. The market has recovered a bit, but $9 trillion has disappeared from the stock exchange.
You used to have a booming economy, but now you are heading towards a medium-sized recession. It’s probably a deep recession.
Trump made everything so inflamed that he made it difficult for (stable law – genius) to happen. Trump’s tariff moves are not helping the United States. ”
*This is not investment advice.
