#Trump's Impact on the Cryptocurrency Market#

There are divergent expectations within the crypto market regarding Trump's policies after his inauguration. Some believe Trump will push for regulatory clarity on cryptocurrencies and integrate them into the traditional financial system. For example, Franklin Templeton CEO Jenny Johnson believes that the Trump administration will be committed to developing clearer regulatory rules that will integrate traditional finance and cryptocurrencies. Coinbase CEO Brian Armstrong also stated that Trump is excited about establishing a strategic bitcoin reserve and expects the U.S. to clarify cryptocurrency regulation and even consider Bitcoin as a strategic reserve. Additionally, Armstrong believes that multiple finance ministers are paying attention to Bitcoin and its price has the potential to reach millions of dollars in the long term.However, some are cautious about Trump's policies. QCP Capital believes that the market is cautious about Trump's promises regarding cryptocurrencies, wary of his tendency to overpromise and underdeliver. Coinbase CEO Brian Armstrong also stated that Coinbase would delist stablecoin USDT from its US crypto trading platform if required by new US legislation.Overall, Trump's attitude towards the crypto market remains unclear, and the market has divergent expectations about his policies. Future developments need to be observed.