The crypto market has added approximately $900 billion in value since Trump’s election, driven by expectations of favorable policies. Media reports suggest plans for a dedicated White House role focused on cryptocurrency policy, enhancing market confidence. Trump has vowed to make the U.S. the “crypto capital of the planet” and establish a national Bitcoin reserve.
Edul Patel, Co-founder and CEO of Mudrex, commented on the rally: “Market sentiment grew stronger from a media report of Trump’s plan to establish a dedicated White House role for crypto policy. The anticipation of faster regulatory clarity coupled with BlackRock’s Bitcoin ETF options projecting a $176,000 price target by 2026 has driven BTC’s price to the $97,000 milestone.”

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