Positive news continues to emerge regarding cryptocurrencies in the United States, one of the world’s largest economies. However, a significant indicator reveals that U.S. investors’ enthusiasm remains low. According to a report published by Bloomberg on Thursday night, Donald Trump may declare cryptocurrencies a national priority as soon as he takes office. Additionally, plans are underway to establish an advisory board to advocate for the political objectives of the cryptocurrency sector. There are expectations that on his first day in office, Trump will issue a presidential decree supporting the creation of a strategic Bitcoin 
$104,897 reserve.
New Era in U.S. Cryptocurrency Regulations
During his election campaign, Trump expressed his support for cryptocurrencies, despite initially adopting a cautious stance. This has created optimism regarding easier regulations and the widespread use of cryptocurrencies.
Trump’s favorable approach to cryptocurrencies presents a stark contrast to the stringent policies of the Joe Biden administration. Throughout Biden’s term, various U.S. institutions imposed over 100 sanctions on the cryptocurrency sector. Trump’s promise to change this approach has generated excitement within the industry.
Bitcoin Price and U.S. Investors’ Expectations
However, the anticipated market activity has yet to materialize. The price of Bitcoin on Coinbase remains lower compared to leading global exchanges like Binance, indicating limited demand from U.S.-based investors.
According to the Coinbase premium index, Bitcoin’s price fluctuations reflect the actions of U.S. investors. In November and December, Bitcoin’s price surged from $70,000 to over $108,000, predominantly driven by U.S. investors.
Recently, however, a similar pricing trend has not been observed on Coinbase. This has been interpreted as investors wanting assurance that Trump’s administration will fulfill its promises. Consequently, the optimistic expectations in the market have not fully reflected in the prices.
As of the writing of this article, Bitcoin’s price stands at $101,600, fluctuating between $90,000 and $108,000 since mid-December.
