📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Is President Trump's latest view on Bitcoin still optimistic?
The Trump administration, with its pro-cryptocurrency stance, is said to have played a crucial role in driving the wave of adoption at the organizational level in 2025.
This is a sign that US President Donald Trump is fulfilling commitments regarding cryptocurrency, particularly in the area of regulatory frameworks and making the US a leading country in crypto.
Notably, recently Trump made another important statement about Bitcoin and the market in general. In a public speech at the White House, he reiterated his commitment to making the U.S. the "crypto capital of the world." He also asserted that the crypto market will continue to grow, implying that he is optimistic about Bitcoin and altcoins.
Analysts believe that this statement could signal that prices will continue to rise in the coming days. However, it is also likely that it indicates his administration will continue to implement a crypto strategy, which aims to integrate cryptocurrencies with traditional finance.
Summary of Important Milestones Related to Cryptocurrency
Although some of Donald Trump's policies, such as the trade war, have harmed the crypto market earlier this year, there are still notable achievements supporting digital currency. Most of these achievements are related to policy or regulation. In March, Trump announced that the U.S. government would create a strategic Bitcoin reserve fund.
However, the government has not yet made solid progress on this issue, but has achieved some regulatory advancements. The most notable move by the Trump administration in the regulatory support for cryptocurrencies is the GENIUS Act, which was passed last month. This act not only provides the necessary regulatory clarity for stablecoins but also lays the groundwork for institutional investments.
Some other notable developments include tax policy reforms, reducing pressure on DeFi. In addition, Donald Trump has also appointed cryptocurrency-friendly officials to key positions in the government to promote the upgrade of the financial system.
This government has also banned CBDCs, which could threaten the dominance of cryptocurrencies and create unfair oversight.
Upcoming inflation and economic data may affect investor sentiment
The crypto market recovered overall last week. Will the market maintain its trajectory this week? This is the question being raised, especially considering the importance of the inflation data to be released this week.
Discussions about interest rate cuts have intensified in the first 10 days of August as the U.S. Federal Reserve (Fed) continues to face pressure. Specifically, the likelihood of an interest rate cut in the U.S. has increased from 74% on August 1 to 93% as of August 10.
The recent recovery may have shown that the market is pricing in this data information. Although expectations are generally positive, based on the fear and greed index, some critical opinions have expressed a different viewpoint.
A group of analysts expressed concerns about the "overheating" of the market and the risk of a financial bubble bursting.
The chief macroeconomic expert of Swissblock, Henrik Zeberg, recently emphasized that Bitcoin and stocks are at serious risk of collapsing if the financial bubble bursts.
It is noteworthy that the recent controversies surrounding employment data, weak demand for U.S. Treasury bonds, and declining performance of the USD index have heightened concerns about a recession.
It is still unclear how long the market can withstand these concerns; during this time, "risk assets" such as BTC and stocks are likely to continue increasing in price.
Dinh Dinh