Author: 4E Labs
Introduction
In January 2025, Donald Trump was sworn in for his second presidential term and immediately launched a financial policy revolution that shocked the world. In stark contrast to his first term's skeptical attitude towards cryptocurrencies, the Trump 2.0 government swiftly introduced a series of policies such as "Strategic Bitcoin Reserve," "Crypto Currency Tsar," and "Stablecoin Federal Legislation," completely reversing the United States' stance on digital assets. This historic turn not only triggered a crazy market with BTC price skyrocketing to $106,000 in a single day but also profoundly impacted ordinary people's wallets, corporate strategic layouts, and even the global redistribution of financial power.
The European Central Bank warned that this was "planting the seeds of financial instability for the future," while pioneers like El Salvador have begun adjusting their national BTC strategies. In this transformation, how can investors avoid becoming sacrifices of policy experiments? How will ordinary people's payment habits be reshaped? This article reveals the strategic game and real-world impacts behind Trump's new crypto policies through market data and authoritative analysis.
I. Policy Blitzkrieg: From "Bitcoin is a Scam" to National Strategic Reserve
(Core Data: 200,000 BTC incorporated into permanent US reserves, representing 6% of circulation)
1.1 Trump's "Crypto Awakening" Journey
The Trump administration's attitude towards cryptocurrencies underwent a dramatic transformation. During his first term (2017–2021), Trump publicly criticized BTC as a "scam," claiming cryptocurrencies were "highly unstable and baseless," and supported the SEC's harsh crackdown on Initial Token Offerings (ICO). However, from 2022, Trump's attitude subtly changed. In December that year, he issued a "Trump Digital Trading Card" Non-Fungible Token series, which sold out within 24 hours and generated approximately $4.5 million, allowing him to personally experience the potential of the crypto economy. By the 2024 campaign, Trump fully embraced the crypto industry, not only accepting crypto donations but also promising at the "Bitcoin 2024 Conference" to list BTC as a US strategic reserve asset and vowing to make the US the "global crypto capital".
1.2 Seven Key Policies
... [rest of the text continues similarly]Stablecoins benefit from the advancement of the GENIUS bill. As the bill gains bipartisan support in the Senate, the compliance prospects for major stablecoin issuers like Tether and Circle have improved, with market expectations that stablecoins will be more widely integrated into the traditional financial system. Analysts predict that stablecoin backing requirements could create "trillions of dollars" in U.S. Treasury demand, as issuers need to hold high-quality liquid assets as reserves.
2.2 Ripple Effect on Traditional Financial Markets
The volatility of the crypto market quickly spreads to traditional financial markets, forming a complex interactive relationship:
U.S. Tech Stocks: Crypto-related company stock performances are diverging. On one hand, compliant exchanges like Coinbase benefit from improved regulatory environments; on the other hand, companies overly dependent on crypto businesses face re-evaluation. Tesla's stock dropped by 32.87% due to Musk's excessive involvement in international politics and the "crude" approach of the Doge sector, while Trump Media & Technology Group (DJT) fell by 34.75%.
Gold Market: As a traditional safe-haven asset, gold prices steadily rose during increased crypto policy uncertainty, with a significant increase in early 2025, reflecting some investors' concerns about cryptocurrencies replacing gold.
Foreign Exchange Market: The U.S. Dollar Index rose 4% after Trump's election, reaching around 110.17, a 26-month high. Analysts believe that the new crypto policy strengthens the U.S. dollar's position as a global reserve currency, as most stablecoins are still anchored to the U.S. dollar.
Beware of the "Crypto Inflation" Trap: Some merchants may charge an additional 3-5% fee under the guise of cryptocurrency payment, which may actually exceed credit card costs. It is recommended to use fiat currency pricing as a benchmark when comparing prices.
4.3 Entrepreneurs: Capturing Policy Dividends and Risk Mitigation
Web3 Entrepreneurial Window: After OCC allows banks to participate in crypto business, demand for compliant DeFi middleware and institutional-level custody solutions has surged. However, it is important to note that SEC's enforcement focus remains on "unregistered securities issuance".
Regional Compliance Strategy: Even with relaxed US policies, global market targeting still requires compliance with regional regulations like MiCA. It is recommended to adopt a "subject separation" architecture (such as using US entities to handle compliance business and offshore entities to undertake high-risk innovations).
4.4 Wage Earners: New Directions in Career Development
Skill Upgrade Path: The median annual salary for blockchain engineers has reached $178,000 (Robert Half data for 2025), with Solidity and other smart contract language learning demand growing by 300%. However, it is crucial to distinguish between core development and hyped concept projects.
Pension Portfolio Adjustment: Some 401(k) plans are beginning to offer crypto exposure like Grayscale ETHE, but the Department of Labor warns that such assets "do not comply with prudent investor rules", recommending maintaining traditional assets as the primary focus.
4.5 Policy Observers: Understanding Macro Trends
Symbiotic Relationship between US Dollar and BTC: Although US strategic reserves may enhance BTC's status, US dollar stablecoins (accounting for 75% of global trading volume) actually reinforce dollar hegemony, and the two are not a zero-sum game.
Regulatory Cycle Prediction: The current relaxed environment may change with the 2026 midterm elections. SEC Commissioner Peirce's term expires in August 2025, and the stance of her successor will impact policy continuity.
4.6 Essential Risk Prevention Measures
Tax Compliance: IRS will focus on cryptocurrency as an audit priority in 2025. Use tools like CoinTracker to fully record transaction history, paying special attention to tax obligations for forked coins and airdrops.
Security Practices: Phishing attacks have increased by 300% during the policy-relaxed period (Chainalysis data). Store large assets in hardware wallets and keep only small amounts in exchanges.
Intergenerational Communication: Crypto investments by younger family members may trigger estate planning issues. Clearly specify digital asset inheritance clauses in legal documents (such as private key custody arrangements).
Historical experience shows that each technological-financial revolution creates a new wealthy class while also exacting heavy costs from the incautious. After the dot-com bubble burst in the 1990s, only infrastructure providers like Amazon truly retained value, not concept-hyped companies like Pets.com. In the crypto field, ordinary people should focus on: (1) value accumulation of underlying blockchain protocols; (2) practical functions of compliant stablecoins; (3) Token applications integrated with the real economy. Avoiding the illusion of "quick wealth" is the key to achieving steady wealth growth in this wave of transformation.
