“It Will Happen” – Bitcoin Prices Bracing for a Huge Trump Earthquake

Bitcoin and cryptocurrency prices have swung wildly over the past week as US President Donald Trump begins his second term, sparking massive cryptocurrency plans.
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The price of Bitcoin has reclaimed $100,000 per BTC, rising as traders anticipate that the so-called “God’s Candle” may be about to hit the market.
Now, with Trump’s crypto czar declaring that “a new era has only begun,” the presidential pardon of Silk Road founder Ross Ulbricht has raised expectations that Trump will fulfill his campaign promise to create a US bitcoin reserve.
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US President Donald Trump said he wants to create a Bitcoin stock that could explode … [+]
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“If Ross Ulbricht gets a pardon, we will definitely get the Bitcoin Strategic Reserve,” said Anthony Pompliano, cryptocurrency YouTuber and influencer. to publish To X. “Trump will make history with the stroke of his pen.”
In December, Trump confirmed that he plans to create a strategic reserve of Bitcoin in the United States. “We’re going to do something great in crypto because we don’t want China or anyone else…but others embracing it, and we want to be ahead of the curve,” Trump said. He said CNBC.
“Yes, I think so,” Trump said in response to a question about whether the United States would create a strategic reserve of Bitcoin similar to its oil reserve.
In July, Republican candidate Donald Trump promised to create a “strategic national bitcoin reserve” and predicted that bitcoin would surpass gold’s $16 trillion market cap during an appearance at the 2024 Bitcoin Conference.
Ulbricht, founder of the dark web marketplace Silk Road and nicknamed Dread Pirate Roberts inspired by the movie The Princess Bride, helped popularize the use of Bitcoin in online transactions. grant A full pardon from Trump, in fulfillment of his election promise.
Following the announcement, Tesla billionaire and Trump advisor Elon Musk announced He said He wondered whether Roger Ver, an influential Bitcoin and cryptocurrency developer, might receive a similar pardon on tax evasion charges.
Odds of Trump creating a US Bitcoin stock on forecasting platform Polymarket Shoot After pardoning Ulbricht, who was serving multiple life sentences without the possibility of parole after his conviction in 2015.
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The price of Bitcoin has risen over the past year, reaching an all-time high this week … [+]
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“Possibilities for [strategic bitcoin reserve] “It’s just gone up, and it’s going to happen,” said David Bailey, CEO of Bitcoin Inc, publisher of Bitcoin Magazine, who organized the Bitcoin conference Trump talked about last year. to publish To X.
Trump’s launch of the controversial and widely mocked memecoin over the weekend dampened the sentiment of the bitcoin and cryptocurrency community somewhat ahead of his inauguration on Monday, however, Ulbricht’s pardon has re-energized bitcoin bulls who believe… Trump will create The “golden age” of cryptocurrencies.
“Welcome home, Ross. Bitcoin holders stand with you,” Jack Mallers, CEO of Bitcoin wallet company Strike, said. to publish To X.