In a move that dashed high-flying expectations, US President Donald J. Trump ended his first day in office without issuing any crypto-related executive orders or referencing the much-touted Strategic Bitcoin Reserve he had teased during the Bitcoin 2024 conference in Nashville. Bitcoin’s price, which had surged to nearly $110,000 on hopes of a landmark announcement, retreated swiftly once it became clear the inauguration address would offer no explicit nod to digital assets.
What Next For The Bitcoin Price?
Now, with BTC hovering in what analysts describe as no-man’s land, the market looks to the White House for any indication that Trump’s earlier pro-Bitcoin rhetoric might translate into action. Crypto analyst CRG (@MacroCRG) encapsulated the uneasy sentiment on X , claiming that “crypto feeling a bit
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