Complete Gate Post tasks to upgrade your rank

Credit Ranking

[//]:content-type-MARKDOWN-DONOT-DELETE
![](https://gimg2.gateimg.com/image/article/173743057512.24.png)
## Crypto Daily Digest: Trump’s inaugural speech did not mention cryptocurrency, and Republican lawmakers’ documents did not mention cryptocurrency as a priority
The U.S. stock market was closed yesterday, and there was no inflow or outflow of funds in the BTC ETF and ETH ETF.

**US President Trump was sworn in, but did not mention cryptocurrency in his inaugural speech**

In a speech after being sworn in early on January 21, U.S. President Donald Trump pledged to lead the United States into a "golden age" and save the country from what he called a "recession" caused by the policies of his predecessor.

Trump did not mention <a href="/es/price/bitcoin-btc" target="_blank" class="blog_inner_link">Bitcoin</a> or cryptocurrency in his speech. In addition, a document released by Republican lawmakers to the outside world did not list cryptocurrency as a current priority. However, according to previous market expectations, Trump may also sign an executive order involving cryptocurrency in the next few days.

**Opinion: Trump may not start building a <a href="/es/price/bitcoin-btc" target="_blank" class="blog_inner_link">Bitcoin</a> reserve**

According to CoinDesk, Arthur Hayes, a well-known KOL in the crypto community, said: “I don’t think Trump will set out to build a Bitcoin reserve. At the end of the day, I don’t know what the point of borrowing money to <a href="/es/crypto/buy/bitcoin-btc" target="_blank" class="blog_inner_link">buy Bitcoin</a> is on any of Trump’s platforms.” He said: “You have so much borrowing power before you destroy the bond market. Will you borrow to <a href="/es/crypto/buy/bitcoin-btc" target="_blank" class="blog_inner_link">buy Bitcoin</a>? Will you borrow to provide healthcare to the seniors who voted for you, or to build more bombs so the defense lobby likes you? You can borrow money to buy a lot of different things. I just don't think he's going to spend it on Bitcoin. While Bitcoin supporters think Bitcoin is important, there are a lot of other stakeholders who want to put borrowed money into their pockets." Regarding implementing a bitcoin reserve, Hayes said “I hope I’m wrong.” But he noted that the limited time before the midterm elections could limit the ability to implement major policy changes, and there are many other things to allocate time and budget for.

**<a href="/es/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a> Foundation transferred 50,000 ETH to a new wallet address dedicated to supporting DeFi**

The <a href="/es/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a> Foundation has announced the establishment of a wallet address to begin participating in decentralized finance (DeFi), confirming Vitalik Buterin’s recent statement that the non-profit organization will continue to undergo organizational changes. The organization plans to inject about $150 million worth of ETH into the wallet, but noted that it could take several days to complete the setup. Hsiao-Wei Wang, who was recently appointed to a leadership position at the foundation, posted on X on Monday: “The Ethereum Foundation has established a new 5-signature 3-signature multi-signature wallet… The operation has been initiated to send 50,000 ETH to this wallet, but please be patient; Due to signature delays, this will take a few days to process, and the Ethereum Foundation will use this new wallet to participate in the DeFi ecosystem.”

## Market Trends:  The market fluctuated downward, and TRUMP fell below $40
### Market Hotspots
Both TRUMP and MELANIA plunged more than 50% on the day. At Trump's presidential inauguration ceremony early this morning Beijing time, he did not mention the crypto industry or his personal meme coin, causing the overall market to plunge. The US presidential inauguration has multiple agendas, and it is normal not to mention cryptocurrency in national events. The plunge may be a reflection of the market's lack of confidence in the future. As of writing, according to Gate.io market data, the TRUMP token is currently priced at $36.51;

The AI ​​Agent sector rose slightly, SWARMS rebounded more than 60% from its oversold level, but it still fell nearly 80% from its historical high; AIXBT also rebounded after falling to around $0.59, ignoring the overall decline, with the highest rebound exceeding 20%; FARTCOIN, a strong currency in the early stage, fell sharply.

### Mainstream Coins 
BTC rose to above $109,500 and then fell back. After Trump’s inauguration, it plunged sharply to around $100,500 and is currently in a range of consolidation;

ETH fluctuated widely in the range of $3,250 to $3,450. Although Trump's WLFI bought a large amount of ETH and tokens such as <a href="/es/price/link-ln" target="_blank" class="blog_inner_link">LINK</a> and <a href="/es/price/aave-aave" target="_blank" class="blog_inner_link">AAVE</a> in the Ethereum ecosystem, it still could not hide the decline of ETH;

Altcoins generally plummeted, and the market hot spots changed very quickly. The expected general rise in the Altcoin season may not reappear. The difficulty of this round of market has risen sharply compared with the previous bull market; but from the perspective of issuing coins after Trump stepped down, there are still many certain opportunities for cryptocurrencies in the future. Good hunters are good at waiting.

## Macro News: U.S. stocks were closed yesterday, no more data and opinions updated



<div class="blog-details-info">
<div>Author:**Orisi**, Gate.io Researcher
<div>Translator:Joy Z.
<div class="info-tips">\*This article represents only the views of the researcher and does not constitute any investment suggestions. All investments carry inherent risks; prudent decision-making is essential.
<div>\*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
</div>

简体中文

English

繁體中文

福利中心

小红花-Learn & Explore-博客

小红花-Learn & Explore-快讯

币圈-币圈-未来事件

小红花-Learn & Explore-聊天室

小红花-Learn & Explore-直播

小红花-Learn & Explore-动态

币圈

Gate OTC

芝麻金融-更多-财富管理

机构-APIs

机构-大宗交易服务

机构-经纪商项目

全球做市商计划

机构-托管和资产管理

机构借贷

机构-做市商项目

小红花-Promotions-机构和VIP服务

量化基金

机构-基础架构

机构-交易

机构-金融

结构化产品

机构-主页

衍生品-统一账户

芝麻金融-更多-抵押借币

vip服务

机构

策略跟单

现货跟单

交易-合约跟单

跟单

量化策略-探索

量化策略-进阶

量化策略-基础

交易-机器人广场

创建机器人

探索机器人

杠杆网格

无限网格

期现套利

组合指标策略

智能调仓

现货马丁格尔

合约网格

现货网格

交易机器人

芝麻金融-更多-ETH2.0挖矿

芝麻金融-更多-法币理财

链上赚币

芝麻金融-理财-双币宝

芝麻金融-理财-定期理财(屯币)

芝麻金融-理财-结构性理财

芝麻金融-理财-理财宝

芝麻金融-理财-余币宝

GT挖矿

芝麻金融-更多（理财产品）

芝麻金融-理财（打新）

launchpool

launchpad

赚币-HODLer Airdrop

candy_drop

web3 Airdrop

赚币

模拟交易

衍生品-期权

衍生品-交割合约

衍生品-永续合约

合约入门

合约活动

衍生品

交易-杠杆ETF

交易-杠杆交易

交易-闪兑

交易-现货交易

交易-创新交易

交易-交易工具

交易-交易类型

交易-盘前交易

交易

行情

买币-gateCard

卖币

买币-快捷交易

买币

买币-paywith

法币定投

小红花-推广

新手指南

活动中心

小红花-Learn & Explore-学院

小红花-Exchange-最新公告

小红花-Exchange-帮助中心

gate商店

小红花-Promotions-邀请计划

小红花-promotions-代理商

储备金

合作伙伴

cextg小程序

小红花

web3

Daily News | Trump Did Not Mention Cryptocurrency in His Inaugural Speech, Speculation About Bitcoin Strategic Reserves Is Still Brewing