Sovereign · January 20, 2025
Trump inauguration; pro-crypto cabinet confirmed
Price at event
$102,000
Today
$73,405
Decline
-28%
David Sacks named Crypto and AI Czar. Paul Atkins to chair SEC. Hester Peirce leads new SEC Crypto Task Force. The regulatory tone shifts overnight. Bitcoin hit a then-record ~$109,000 the same day on expectations of pro-crypto policy.
⸺ Sources ⸺
- primaryWhite House — Executive Order: Strengthening American Leadership in Digital Financial Technology (Jan 23, 2025) ↗
- newsCoinDesk — Trump Issues Crypto Executive Order to Pave U.S. Digital Assets Path ↗
- referenceWikipedia — Cryptocurrency in the second Trump presidency ↗
- newsCNBC — Bitcoin jumps to a record on inauguration day ↗