Donald Trump is flipping the crypto narrative in the United States. For better or for worse? How will it affect global and European crypto markets? Dive in to learn experts’ perspectives on the matter.

Oh no, Bitcoin is down

After years of regulatory hostility under Joe Biden’s administration—during which the SEC pursued over 100 enforcement actions against the crypto sector—Trump is moving fast to position the US as a crypto-friendly jurisdiction. His administration is rolling back restrictive policies, appointing industry insiders to key regulatory positions, and encouraging major financial institutions to explore crypto trading.

Optimism (and anticipation) around Trump’s actions saw bitcoin rally 57% between Trump’s Election Day victory and Inauguration Day. However, this week, we have faced the first bitcoin decline since November. And there are a number of reasons for that. The recent Argentina Meme Coin Scandal, Trump’s tariffs on China, and the $1.4B Bybit Hack definitely didn’t help.

Besides, while optimism about a crypto-friendly Trump administration initially fueled market growth, investors are now waiting for concrete implementation of regulatory policies. This brings us back to the main talk: Trump’s policy shift and what bigger long-term ramifications it will bring… not only in the USA but globally—particularly in Europe, where policymakers may be forced to respond.