At a fundraiser, Donald Trump stated his intention to be the ‘crypto president’, launching a token linked to his presidency and signaling a commitment to making cryptocurrency a national priority.

His nomination of Paul Atkins to the SEC indicates a shift towards a supportive regulatory environment for crypto. Potential pardons for crypto advocates and a dedicated crypto czar are also anticipated.

Trump’s proposed national Bitcoin reserve has the potential to dramatically sway Bitcoin prices, alongside ongoing initiatives from several U.S. States aiming to establish their own Bitcoin reserves. This prospect has traders closely watching market dynamics.