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Timeline: Trump's first 30 days bring remarkable change for crypto


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Published in Business and Finance on by MSN   Print publication without navigation

It has been one month since US President Donald Trump was sworn into office and began making sweeping and controversial changes, many of which directly affect the cryptocurrency industry. Just 30 days into his presidency,

The article from MSN Money outlines the significant changes in the cryptocurrency landscape during the first 30 days of Donald Trump's presidency in 2017. It highlights how Trump's administration brought about a surge in Bitcoin's value, which saw a notable increase from around $960 to over $1,200 within that period, driven by his pro-business and deregulatory stance. The piece discusses the broader market's reaction to Trump's policies, including his executive orders and the general market optimism. It also touches on the regulatory uncertainty that persisted, with Trump's ambiguous stance on cryptocurrencies, leading to both excitement and caution among investors. The article notes the increased interest from institutional investors and the potential for blockchain technology, alongside mentions of other cryptocurrencies like Ethereum gaining traction. Overall, Trump's first month in office was marked by a volatile yet generally positive period for crypto markets, influenced by his economic policies and the broader political climate.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/timeline-trump-s-first-30-days-bring-remarkable-change-for-crypto/ar-AA1znkLI ]

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