Crypto observers still hopeful on Trump despite silence on first day
Crypto industry executives and investors are confident about the road ahead for digital assets despite Donald Trump’s silence on crypto in his first day actions.
The lack of crypto-related executive orders from President Donald Trump on his first day back in office has worried the crypto community. Still, many are hopeful that action is yet to come.
Trump signed a raft of executive orders on his first day in office on Jan. 20, but as of yet, none of them have addressed crypto assets or policy.
The president, who courted the crypto industry in his campaign, hasn’t mentioned Bitcoin (BTC) or digital assets in his speeches or statements, which has seen crypto markets dip on the day, with Bitcoin falling 6% from an all-time high of $108,786 to $102,000.
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Author: Martin Young