Post
Topic
Board Bitcoin Discussion
Re: Trump picks the first ever bitcoiner on a presidential ticket who holds bitcoin!
by
rdbase
on 07/05/2025, 14:09:51 UTC
Trump's 100th day in office and BTC price has reached nearly $95,000.
So whatever that has been done in the US presidency towards cryptocurrency and most notably bitcoin has worked well so far.
Yes. Everything about Trump's presidency has been good for crypto, except for the tariffs. Part of the rise has to do with the "90-day tariff pause" imposed by the President. After such time ends, market prices go could all the way down the drain in an instant. Assuming Trump keeps the tariff rates initially proposed on "Liberation Day". If he lowers them down (by making deals with world countries), then the market will stay bullish.

Either way, Trump's pro-crypto administration will surely bring innovation and growth in the industry within the next 4 years. More companies will open their doors to the US, possibly making the country "the crypto capital of the world". The Strategic Bitcoin Reserve, the pro-crypto SEC chairman Paul Atkins, and the cancellation of a US CBDC, are all crypto-friendly measures meant to boost market prices in the long run. Bitcoin is closer to $100k than it was before. It should only be a matter of time before this happens. Exciting times ahead for Bitcoiners, imo. Smiley
Yet Trump's attempt to make Canada part of the United States didn't seem to work imposing Tariffs.
During the meeting with Canada's recently elected prime minister he still is stating he would like Canada to be part of Trump Country:
https://www.reuters.com/world/us/carney-meets-trump-bid-reset-strained-canada-us-relations-2025-05-06

Bitcoin is still increasing on a daily basis and is nearing that $100k mark. Currently reaching $97k just last night.