Krutika Adani
Despite vocal support, BTC has dropped under Trump’s second term, performing worse than under Biden or even Trump’s first term.
A new executive order created a federal BTC reserve—but most of the crypto is tied up in legal proceedings, not spendable assets.
Trump pardoned Ross Ulbricht, but failed on promises like “Bitcoin made in America” and restructuring US debt with crypto.
Pro-crypto figures like Paul Atkins (SEC) and Howard Lutnick (Commerce) now hold key regulatory positions under Trump.
The administration aims to pass both a stablecoin bill and a crypto market structure bill within the first 100 days.