President Donald Trump Just Instituted 2 Key Policies That Could Trigger Bitcoin’s Next Bull Run
From Yahoo Finance: 2025-04-12 06:15:00
During his second term as president, Donald Trump’s promise to become the “crypto president” is met with a crash in cryptocurrency values. Bitcoin drops from $100,000 to $81,000, with broader financial markets down 12% since Trump took office. The U.S. plans to establish a strategic cryptocurrency reserve that includes Bitcoin, Ethereum, and more, aiming to become the “Crypto Capital of the World.”
Trump’s policies could benefit Bitcoin, encouraging a bull run. The reserve will only hold assets from criminal or civil proceedings, not buy or sell on foreign markets. Institutional adoption of Bitcoin could increase due to U.S. endorsement, potentially driving its value higher. A weaker U.S. dollar may lead investors to seek alternative assets like cryptocurrency.
Despite expectations, Trump’s tariffs have weakened the U.S. dollar, making the country less attractive for businesses. As investors withdraw, the dollar weakens further. A weaker dollar could reduce the trade deficit as U.S. consumers buy fewer imported goods. The government’s endorsement of Bitcoin as a reserve asset sets the stage for another bull run.
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