What does the future of the cryptocurrency market look like under Trump 2.0?
The Excerpt
USA TODAY
4.1 • 1.2K Ratings
🗓️ 19 January 2025
⏱️ 17 minutes
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Summary
As Donald Trump prepares to take office on January 20th, the cryptocurrency world awaits with bated breath. Not only has the president-elect promised to make America the “crypto capital of the planet,” he’s welcoming several devotees into his new administration. And as far as popularity goes, crypto has never had more fans. Bitcoin, by far the most popular among other cryptocurrencies, passed the $100,000 mark for the first time just last December. Could this be the year crypto goes mainstream, taking its place beside the US-backed dollar as the global currency to watch? Laura Shin, crypto journalist, and host of the Unchained podcast, joins The Excerpt to help us understand how a new Trump administration might impact the cryptocurrency market. (Note: This interview was recorded prior to the recent $TRUMP meme coin release.)
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Transcript
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| 0:00.0 | Wondery Plus subscribers can listen to USA Today's The Excerpt, Ad-Free Right Now. |
| 0:05.6 | Join Wondery Plus in the Wondery app. |
| 0:09.4 | Let's talk about something that might be keeping you up at night. |
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| 1:15.6 | Hello and welcome to the excerpt. I'm Dana Taylor. |
| 1:22.2 | As Donald Trump prepares to take office on January 20th, the cryptocurrency world awaits with bated breath. |
| 1:28.7 | Not only has the president-elect promised to make America the, quote, crypto capital of the planet, unquote. |
| 1:32.2 | He's welcoming several devotees into his new administration. |
| 1:40.8 | In the new role of AI and CryptoZar, not subject to Senate confirmation, Trump has tapped legendary crypto investor David Sachs. |
| 1:47.1 | And as far as popularity goes, crypto has never had more fans. Bitcoin, by far the most popular among other cryptocurrencies, passed the $100,000 mark for the first time just last |
| 1:53.6 | December. Could this be the year crypto goes mainstream, taking its place beside the U.S. |
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