Donald Trump's inauguration as the 60th president of the U.S. did not mention cryptocurrency, surprising the market and causing uncertainty. Analysts believe that Trump's broader goals could indirectly support blockchain adoption, but the absence of clarity led to market volatility and a drop in Bitcoin's price. However, Brian Armstrong, CEO of Coinbase, expressed confidence in the future of cryptocurrency and mentioned Trump's public declaration of wanting to become the "first crypto president" as a potential indicator of support. Ripple's CEO, Brad Garlinghouse, participated in multiple events during the inauguration and advocated for blockchain's role in economic innovation. Bank of America CEO Brian Moynihan emphasized the potential of crypto payments if regulatory frameworks are clarified. Circle CEO Jeremy Allaire commented on potential executive orders that may permit banks to trade cryptocurrencies. U.S. Senator Cynthia Lummis reaffirmed her commitment to integrating Bitcoin into America's financial infrastructure. Trump also signed an executive order granting clemency to Ross Ulbricht, the founder of Silk Road, sparking debates about justice reform. The market awaits further developments to determine the administration's position on cryptocurrency.



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