The Trump administration strengthens Bitcoin's position, and Altcoins faces regulatory uncertainty

Odaily Planet Daily News Famous trader Eugene Ng Ah Sio recommended an analytical article about the White House Crypto Summit on social platforms, and called it an “excellent analysis” The article focuses on the analysis of the latest crypto policy of the Trump administration, the latest crypto policy of the US government has strengthened the dominance of Bitcoin, and proposed the concept of “digital Fort Knox”, which plans to convert confiscated crypto assets into BTC to further consolidate its “digital gold” attributes. According to the analysis, the policy mainly ensures that the crypto industry is no longer suppressed, including stopping bank blockades and providing a certain degree of regulatory clarity, but it does not prioritize the development of the crypto industry, nor does it involve payment, DeFi and other fields. At the same time, Altcoins (e.g., XRP, ADA, SOL) have not received clear support, and there is still uncertainty about future regulation. In addition, members of the Trump family have repeatedly voiced their support for Altcoins and hinted at a possible push for a “crypto tax exemption” policy, but Trump adviser David Sacks has denied this claim and stressed that the crypto policy will not favor specific tokens. The market expects that if the disagreement within the Trump team increases, there is still the possibility of future policy adjustments.