According to Jinshi, investors will pay close attention to any regulatory changes in 2025 and whether Trump's promises to the crypto industry are fulfilled. Sean Farrell, head of digital assets at Fundstrat, said that the first 100 days of Trump's term will be very important and will be seen as a standard for evaluating his efficiency and influence.
Market focus includes whether Trump will push for the establishment of a strategic Bitcoin reserve, clarifying guidance on which cryptocurrencies should be classified as securities, and potential changes to the SAB121 Act, which affects accounting standards for cryptocurrency custodians. In addition, investors will also pay attention to whether the Federal Reserve will significantly cut its policy interest rate in 2025, which may have an impact on all risky assets.