While Donald Trump’s oath of office has been eagerly awaited since the beginning of November, Trump finally took the oath and began his presidency yesterday.
Trump’s failure to mention Bitcoin (BTC) and cryptocurrencies in his inauguration speech, as well as his failure to include crypto among the decrees he signed regarding the subject, caused a sharp decline in the crypto market, especially Bitcoin.
The fact that the executive orders signed by Trump yesterday did not include Bitcoin as a strategic reserve or any other cryptocurrency issues, created disappointment in the crypto world.
However, the expected news came from Bitcoin Magazine CEO David Bailey. The CEO of Bitcoin Magazine stated that Trump will include cryptocurrencies in his first 200 executive orders.
David Bailey shared on his X account that US President Donald Trump did not include Bitcoin and cryptocurrencies in his first executive orders, but he received approval to include crypto-related issues in his first 200 executive orders.
Stating that details about which topics will be included are still unclear, Bailey expressed optimism about the potential impact of these decrees on the cryptocurrency industry.
“I got confirmation tonight that Bitcoin and cryptocurrencies are in the top 200 decrees. I don’t know what’s in it, but good news is coming.”
EOs related to Bitcoin or crypto
— David Bailey🇵🇷 $0.85mm/btc is the floor (@DavidFBailey) January 21, 2025
*This is not investment advice.
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