Crypto hopes Trump will provide a bullish 2025

Last Updated on 8 January 2025 by CryptoTips.eu

Most crypto analysts started 2025 very bullish and are hoping for a strong signal from the new Trump administration. The ‘newer’ crypto industry, which includes major companies such as Coinbase and Microstrategy, is seen, together with AI companies, as Silicon Valley’s main fanbase for the new Republican government. The only thing left for the new president to do is realize what he promised, and that is sometimes harder said than done.

After all, Trump promised quite a lot. He wants better regulation for crypto, the creation of a ‘strategic bitcoin reserve’, wants to make the United States the crypto capital of the world and finally, wants to ensure that all remaining Bitcoins would be mined in his country (which is practically impossible).

Senate

Donald Trump presides over a so-called ‘clean sweep’. His Republican party has a majority in the House of Representatives as well as the Senate and provides the president.

That majority is however very thin. If everyone falls in line and supports their president, he can indeed issue new rules and tax breaks for the crypto sector quite quickly.

That is of course what the crypto industry is hoping for after years of being portrayed as a ‘gang of criminals’ ever since the downfall of Sam Bankman-Fried’s FTX at the end of 2022.

Ever since then, the American stock market watchdog SEC, under the leadership of Gary Gensler, started lawsuits against Ripple, Coinbase, Binance, Kraken, Consensys and many others. The fact that Gensler himself announced that he would resign before Trump’s term begins was therefore received very positively by crypto fans.

At this point, many analysts expect that all the positivity of Trump’s election is already baked into the Bitcoin price, so we’re looking forward to his first days in the White House.

Any executive order that mentions Bitcoin could boost the price. The absence of such a decision could in turn put pressure on the price.


Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]