Donald Trump’s inaugural speech saw a notable absence of any mention of cryptocurrencies, resulting in market declines. Although the SEC has started taking anticipated measures, it appears that cryptocurrencies are only being considered from the perspective of securities regulation. Earlier today, Trump spoke in Congress, yet again, he refrained from addressing the issue of cryptocurrencies.
Does Trump Care About Cryptocurrencies?
In discussions at Bitcoin 
$85,400 events or other forums related to cryptocurrencies, Trump has made bold statements. However, his major speeches, including the one he delivered in January and his lengthy address in Congress today, have not included any references to cryptocurrencies.
According to investment firm TD Cowen, Trump’s recent comments contradict this silence, as he has not mentioned cryptocurrencies at all. Jaret Seiberg, leading the Washington Research Group at TD Cowen, noted in a report that this repeated behavior suggests Trump might not care about crypto.
“If it were a personal priority, it would have been included in the speech.” – Jaret Seiberg
What Could Be the Reason?
Is Trump ignoring cryptocurrencies because he genuinely does not care, or is there another reason? Seiberg suggests that Trump’s omission of crypto in his speech might be related to bipartisan legislative goals. As they seek Democratic support for stablecoin regulation, any statements Trump makes about cryptocurrencies could further polarize Democrats and Republicans.
New announcements are expected at an event scheduled for Friday. Should Trump provide direction towards concrete actions, it could alter public perception. It’s perplexing that cryptocurrencies are performing poorly under a president who is considered the first crypto-friendly leader in U.S. history, and this situation needs to change.
As this article was being prepared, negotiations were ongoing between the U.S. and countries facing customs tariff challenges, including Ukraine. Additionally, monetary easing measures in China have yet to produce the desired results for cryptocurrency, and developments are being closely monitored.
