Bitcoin Outlook: The rebirth of digital assets under Trump 2.0

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As the first quarter of 2025 nears its end, Bitcoin supporters and the cryptocurrency industry have seen significant gains under President Trump’s second term, including the creation of a Strategic Bitcoin Reserve through an Executive Order on March 6, 2025, which seized 200,000 bitcoins from criminal and civil forfeiture. This move made the U.S. government one of the largest long-term bitcoin holders and marks the beginning of a more coherent national Bitcoin strategy. The broader cryptocurrency sector also benefits from a more favorable regulatory approach compared to previous administrations, as evidenced by Grayscale Investments’ successful lawsuit against the SEC in 2023, which led to the approval of Bitcoin Exchange Traded Funds (ETFs). Despite recent market pullbacks, 2025 looks promising for the industry, with a political environment more conducive to growth and legal stability, although volatility remains a key factor. This paper highlights five critical developments emerging at the start of President Trump’s second term, emphasizing legal and policy uncertainty alongside continued price fluctuations.

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