#Trump bans CBDC#
Hot Topic Overview
Overview
The cryptocurrency market saw a brief surge following Trump's inauguration, but his inaugural address did not mention cryptocurrency policy, nor did he sign any crypto-related executive orders, leading to a market sentiment pullback. Despite this, the market remains hopeful about potentially crypto-friendly policies that the Trump administration may implement in the future, particularly policies that would make it easier for banks to hold digital assets. Additionally, the market is also keeping a close eye on the resignation of SEC Chair Gary Gensler and the policy direction of the new chair regarding the crypto industry. Overall, the market is currently in a wait-and-see mode, awaiting concrete actions from the Trump administration and the policy direction of the new SEC chair.
Ace Hot Topic Analysis
Analysis
Following Trump's inauguration, the market had high expectations for his cryptocurrency policies. However, his inaugural address did not mention cryptocurrency, and the executive orders he signed did not involve the crypto world, leading to a short-term market correction. Despite this, the market still holds expectations for Trump's administration's future crypto policies, especially since his promise to fire SEC Chairman Gensler has been fulfilled and he has purchased a large amount of cryptocurrencies, including ETH, WBTC, etc., which is considered a long-term positive. Furthermore, there are reports that Trump will sign an executive order banning the creation of CBDCs and another executive order loosening bank ownership of digital assets. These announcements would have a significant impact on the crypto market. Currently, the market is also paying close attention to the AI Agent narrative, believing that the "certainty" opportunities it brings may be greater than the "passive" wait brought by Trump. Overall, after Trump took office, the crypto market is in a state of uncertainty, but long-term benefits still exist. Investors need to remain cautious and closely monitor market trends.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
After Trump took office, the cryptocurrency market had expectations for his policies, but he did not mention cryptocurrency in his inaugural address, and the market pulled back.
The market is watching for Trump's administration's encryption policies, and more news is expected to be released in the coming days.
The cryptocurrency investment behavior of the Trump family has attracted market attention, and their purchased blue-chip coins include BTC and ETH, but they are currently experiencing losses.
AI Agent narratives are still the main thread in the market, but the MEME coins issued by the Trump family have also attracted a lot of funds, which has had a certain impact on market liquidity in the short term.