#Trump's Impact on the Cryptocurrency Market#

Trump's potential impact on the cryptocurrency market has sparked market attention. Although Bitcoin prices briefly dipped during the initial days of Trump's presidency, they quickly rebounded and remained at higher levels. The market is cautious about the policies that the Trump administration may adopt, but also looks forward to the establishment of a new regulatory framework. Coinbase CEO Brian Armstrong has expressed excitement about Trump establishing a strategic Bitcoin reserve and believes that Bitcoin can serve as a safe haven against deficit spending and inflation. Ripple CEO Brad Garlinghouse has also actively advocated for blockchain technology, believing it has tremendous potential in driving economic growth. Franklin Templeton CEO Jenny Johnson believes that the Trump administration will be committed to integrating traditional finance and cryptocurrency, and to establishing clearer regulatory guidelines. Overall, the market holds a wait-and-see attitude toward the Trump administration's stance on the cryptocurrency market, but it is widely believed that the establishment of a new regulatory framework will bring greater development opportunities to the cryptocurrency industry.