Donald Trump's Cryptocurrency Policy Stance and Market Impact
Former U.S. President Donald Trump's stance on cryptocurrency has undergone a significant shift, evolving from early skepticism to active support. He has pledged, if he returns to the White House, to make the U.S. a "cryptocurrency capital" and a "Bitcoin superpower," ensuring the future of cryptocurrency development in the country. These statements have had multiple positive impacts on the crypto market.
Key Policy Proposals and Market Reactions
- Strategic Reserve Proposal: In July 2024, Trump proposed including Bitcoin as a U.S. strategic reserve asset at a Bitcoin conference. Subsequently, in March 2025, he announced that his digital asset executive order would establish a new U.S. cryptocurrency strategic reserve, including Bitcoin, Ethereum, XRP, Solana, and Cardano. Following this announcement, Bitcoin's price surged by $10,000, reaching $95,000, while Ethereum, XRP, Solana, and Cardano also saw significant gains.
- Regulatory Framework Promotion: In July 2025, Trump signed the GENIUS Act, establishing a regulatory framework for stablecoins. In August 2026, he met with crypto industry executives at the White House, publicly calling on Congress to pass the Digital Asset Market Clarity Act to establish a clear regulatory framework. Influenced by this news, Bitcoin rose 3.4%, surpassing the $70,000 mark, reaching approximately $71,700, and briefly breaking above $75,000, setting a new high since late May 2026.
- Opposition to Central Bank Digital Currency: Trump explicitly stated that there would never be a Central Bank Digital Currency (CBDC) during his term and vowed to fire SEC Chairman Gensler on his first day in office.
The market has reacted positively to Trump's crypto-friendly remarks. For instance, in November 2024, after he announced his victory in the 2024 presidential election, Bitcoin's price surpassed $75,000, reaching an all-time high. In March 2025, within hours of Trump's announcement to include cryptocurrencies in the strategic reserve, the total cryptocurrency market cap increased by approximately 10%, or over $300 billion. In August 2026, crypto-related company stocks also generally strengthened, with Coinbase Global rising 8.4%, MicroStrategy up 10%, and miners like Riot Platforms and MARA Holdings seeing gains between 3% and 6%.
Controversies and Diverse Views
While Trump's policy proposals have been generally welcomed by the crypto industry, seen as accelerating institutional adoption and providing regulatory clarity, they have also sparked controversy. Reports indicate that the Trump family's cryptocurrency business generated over $1.4 billion in revenue in 2025. Public Citizen, a consumer advocacy group, reported in August 2026 that Trump and his family profited at least $1.4 billion from crypto projects, while investors incurred up to $4.7 billion in unrealized losses, primarily from the TRUMP memecoin. This has raised concerns about conflicts of interest among Democratic and some Republican lawmakers, potentially hindering the passage of the Clarity Act.
Analyst Federico Brokate (21Shares) believes Trump's move signals active U.S. government participation in the crypto economy. James Butterfill (CoinShares) expressed surprise at the inclusion of digital assets beyond Bitcoin in the reserve, suggesting it indicates Trump's more patriotic stance towards the broader crypto technology sector.
DeepSeek AI's Technological Breakthroughs and Market Reaction
DeepSeek is a Chinese AI research lab based in Hangzhou, focused on developing Artificial General Intelligence (AGI), founded by High-Flyer Quant. Its groundbreaking advancements in AI have also impacted the global technology and crypto markets.
AI Technology Innovation and Cost-Effectiveness
- R1 Inference Model: In late January 2025, DeepSeek released its R1 inference model. This model achieved performance comparable to or even surpassing top international models like OpenAI o1 at an extremely low training cost (approximately $6 million), causing a stir in the global AI market. The R1 model generates step-by-step chain-of-thought processes by fine-tuning large language models (LLMs, such as DeepSeek-V3), significantly reducing hardware dependency and the costs of model training and application, shifting the AI technology paradigm from "brute-force computing power" to "thinking efficiency."
- New AI Agent Training Method: On September 23, 2026, DeepSeek published its latest paper detailing a new method for training AI agents called DSec (DeepSeek Elastic Compute). This method aims to improve training efficiency and reduce anomalous agent behavior. Its DSec platform can scale to process millions of "sandboxes," with a production-scale DSec unit running approximately 3 million sandbox instances per day.
The release of DeepSeek's low-cost AI model impacted the tech stock market, raising investor doubts about whether AI capital expenditures were overestimated and prompting some funds to shift to safe-haven assets, temporarily slowing Bitcoin inflows and putting liquidity pressure on the crypto market. However, some argue that AI tools like DeepSeek can help ordinary people maximize cryptocurrency investment returns by providing real-time market data, trading signals, and risk management features.
Funding and Market Position
DeepSeek completed its first round of financing in April 2026 and launched its second round in July, with a pre-money valuation rising to approximately 500 billion RMB. It is also preparing for an IPO on the STAR Market. Its technological breakthroughs symbolize the overall ascent of China's tech industry, challenging the monopoly of U.S. giants in the AI sector.
Notably, in September 2026, reports emerged that Chinese regulators were investigating DeepSeek and Moonshot AI over data security concerns, following accusations by U.S. AI giant Anthropic that they were transmitting sensitive data to the Claude model.
Bitcoin Trading Channels
Bitcoin, as the largest cryptocurrency by market capitalization, can be traded on numerous major global exchanges. Currently, you can find Bitcoin trading pairs on platforms such as BTCC, Pionex, CoinUp.io, Binance, KCEX, Hotcoin, BloFin, Azbit, Tapbit, Ourbit, DigiFinex, Toobit, Gate, Coinbase Exchange, and Deribit Spot. When choosing a trading platform, always verify its compliance, security measures, and supported trading functionalities.
The platform information for sale in the article changes with the listing and delisting dynamics of each exchange. Please refer to the official announcements of the exchanges.
