Will Trump’s inauguration ignite unforeseen crypto market?
The Bitcoin price and the broader crypto market surged following Donald Trump’s election victory in November, with the rally gaining fresh momentum in the days leading up to his inauguration on Jan. 20.
Crypto enthusiasts are largely sold on Trump’s image as the industry’s messiah, bolstered by his self-styled role as a champion of pro-crypto policies. But are these hopes grounded in reality, or is the market caught up in make-believe?
During his rousing speech in Nashville last July, Trump made bold promises to transform the U.S. into the crypto capital of the world. To support this vision, he affirmed his intent to establish a Strategic Bitcoin Reserve (SBR).
“We’re gonna do something great…