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Trump fails to mention crypto during inauguration, legislators leave out crypto from priorities

Business
Updated: 1/20/2025
Trump fails to mention crypto during inauguration, legislators leave out crypto from priorities
#CryptoNews
Despite high expectations from the cryptocurrency industry, President Trump’s inaugural speech left out any mention of crypto policies, raising concerns about the administration's stance.

Inaugural Address: A Missed Opportunity for Crypto?

https://x.com/Saint_Pump/status/1881402195733880936

Key focus areas dominated Trump’s speech, leaving crypto advocates disappointed.
President Donald Trump officially began his term as the 47th U.S. president on January 20, emphasizing themes of unity, energy independence, and economic recovery. However, his failure to address cryptocurrency policies stood out, especially for those anticipating a crypto-friendly administration.

Legislators and Crypto: A Lower Priority

Recent documents show lawmakers sidelining digital asset discussions.
A Republican legislative plan released by Punchbowl News omitted references to cryptocurrency and blockchain technology, signaling that these issues might not be an immediate priority. This lack of focus comes as the crypto market continues to evolve and expand, leaving advocates worried about regulatory clarity.

Market Reaction: Bitcoin’s Sharp Dip and Recovery

Bitcoin’s price reflects growing uncertainty.
Following the inaugural address and the legislative omissions, Bitcoin saw a sharp dip, briefly reaching $100,430 before recovering above $104,000. Other cryptocurrencies mirrored this volatility, experiencing a 3-5% decline. The market's reaction highlights the sensitivity of digital assets to regulatory ambiguity.

The Crypto Community Awaits

Uncertainty looms as the new administration takes shape.
With no immediate signs of legislative or executive focus on cryptocurrency, the industry faces an unclear regulatory landscape. As the Trump administration settles in, investors and advocates will closely watch for any policy signals that could define the future of digital assets.

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