President Donald Trump just launched 2 key policies that could start Bitcoin’s Next Bull Driving

While the Presidency Campaign 2024. year, Donald Trump promised to become a “crypto president.” But since he started his second term in January, the value of cryptocurrency crashed.

Bitcoin (Btc 2.01%) They saw that her price list falls with over $ 100,000 on the day of the inauguration to $ 81,000 from this writing. It is worth it to point out that both widely financial markets decreased with S & P 500 Down about 12% since President Trump took office.

But the current sale could be an opportunity for Criptocurrenci InvestorsEspecially those interested in Bitcoin. This is because Trump policies have set in place, ultimately use Bitcoin, the largest, most commonly used crypto. In particular, two recent policies could support the next bekages in Bitcoin.

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1. Strategic CryptoCurrency Reserve

President Trump is 3. Marta announced that the United States would establish a strategic cruptocurrency reserve including Bitcoin, Ethereum, XRP, Solanaand Cardano. The goal of the reservation was to make the United States “Crystart of the World”, said Trump.

The reserve will only have the means that has taken as part of the criminal or civil proceedings. It will not buy any cryptocurrency in foreign markets. Investors who hoped that the United States became a large customer of cryptograms were disappointed announcements.

But Cripto Reserve could play a very important role in the next Bilk driving for Bitcoin and other crypto assets. They practically support them as legitimate assets that can store value.

This opens the door for several institutional investors to adopt Bitcoin for portfolios and clients, because the American approval of the property now seems far less risky. The election of institutional adoption will be The greatest driver of the value for bitcoin over the coming years. The price of bitcoin increases when the demand exceeds the offer. Institutional investors and their hundreds of trillion of dollars property represent a lot of potential demand.

2 The impact of Trump tariffs

There is an important US dollar relationship and bitcoin value. When the dollar weakens, investors seek alternative assets, such as cryptocurrency.

Theoretically, the import tariff would raise the relative value of the US dollar. If the demand for foreign goods fall, countries that rely on exports in the United States will see their currency weaken in relation to the dollar to maximize demand and offer.

However, Trump’s mass tariffsWe’ve seen the most in 115 years, they had the opposite effect. Since announcing broad tariffs 2. April, US dollar index has dropped about 1.8% of this writing. If you return to the return of Trump tariff announcements against Canada and Mexico in January, the index is in rough 5.5%.

Investors understand that the United States, with these tariff policies in place, are not so attractive to companies as once. Profitability and productivity for American companies will face significant pressure, and growth will be much more difficult. As investors get money from the US, the US dollar will weaken.

It is worth noting that the weaker US dollar could reduce the trade deficit, because American consumers will not be able to afford as much imported goods, and the price of American goods in foreign countries will fall.

But with the policies that have shown to weaken the US dollar, the use of Bitcoin and other cryptocurries as a reserve asset stores are set for Bitcoin for Bitcoin to go to another bit.