President Trump Plans to Adopt Bitcoin on First Day of Office
- Trump to issue pro-crypto orders on day one.
- Bitcoin strategic reserve plan may be implemented.
- Bitcoin price forecast to rise significantly by 2025.
At the start of his term on January 20, 2025, President-elect Donald Trump is expected to implement significant executive orders related to cryptocurrencies, converting campaign promises into concrete actions. At the time of publication, the price of BTC is trading at $94.840,08, up 1% in the last 24 hours.
According to information from The Washington Post , these measures are anticipated with great expectation by the cryptocurrency community, due to the president's history of support for the industry.
Within the transition cabinet, Trump has been working closely with crypto industry leaders to shape a robust policy for the digital ecosystem. Orders expected on the first day of his administration include addressing challenges such as debanking and reviewing regulations that directly affect the handling of crypto assets by financial institutions. One of the most controversial guidelines under review is one that requires banks to consider crypto assets as liabilities on their balance sheets.
Furthermore, Trump’s most audacious plan, the “Strategic Bitcoin Reserve,” promises to put the United States at the forefront of nations incorporating cryptocurrencies as strategic assets. The idea calls for various government agencies to begin acquiring Bitcoin, similar to a gold or oil reserve. “No nation has ever attempted this, and the implications are enormous,” said an adviser to the president.
While it’s unclear whether Trump will fully follow through on the recommendations, the move could be a game-changer for the cryptocurrency market. Analysts are already predicting a potential explosive rise in the price of Bitcoin, estimating that it could reach as much as $140.000 by 2025, driven by government demand.
Donald Trump's inauguration ceremony: check out the schedule
Preparations for the inauguration ceremony of the president-elect are underway, with rehearsals taking place last Sunday, according to local media. The Congressional Committee on Ceremonies is finalizing preparations for the event. The festivities will begin with a reception on Saturday at a golf course near Washington, highlighted by a fireworks display.
The following day, Trump will visit Arlington National Cemetery to pay his respects at the Tomb of the Unknown Soldier. Continuing the celebrations, he will lead a rally at a stadium in the capital, marking his electoral victory. The agenda for the inauguration day, January 20, will begin with a mass at St. John's Church, followed by a tea meeting at the White House with outgoing President Joe Biden. The highlight will be the official inauguration ceremony, which will include the oath of office, a review of the troops and Trump's first speech as president. He will then lead the presidential motorcade to the White House, an event expected to draw thousands of attendees.
On the 21st, Trump, as president, will attend a mass at the Washington National Cathedral. Until the beginning of his term, he will continue to hold political meetings at his residence in Florida, discussing strategies for the first week of government.
According to international sources, Trump has prepared approximately 100 executive orders to be signed in the Oval Office on the first day of his administration, covering a wide range of policies from immigration control and border security to measures on energy, vaccination, progressive education and labor regulations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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