The crypto industry expects Donald Trump's executive orders soon
The cryptocurrency industry has high hopes for President-elect Donald Trump to issue executive orders within the first 100 days of his term, starting January 20, 2025. These edicts could include establishing a Bitcoin reserve, improving access to banking services for the industry, and formalizing a cryptocurrency council. The crypto industry's optimism about friendlier policies under Trump has led to a surge in Bitcoin prices to near $100,000, on hopes of a clearer regulatory framework and support from the government. The industry also expects measures such as facilitating access to banking services for crypto companies and passing crypto-friendly regulations.