Crypto investors are watching closely to see if Trump can deliver on his promises within his first 100 days in office

Investors seeking a continuation of the bull run in cryptocurrencies will be closely watching any regulatory changes in 2025 and whether Trump's promises to the crypto industry will come to fruition. Trump repeatedly vowed to support the crypto industry during his campaign and has received support from several key figures in the industry. Sean Farrell, head of digital assets at Fundstrat, explained: "The first 100 days of Trump's term will be very, very important, as analysts often use the 'first 100 days' as a measure of the efficiency and influence of the incoming US president." Although the incoming president has not yet detailed any specific plans, investors will be watching whether Trump will fulfill his promise to establish a strategic Bitcoin reserve in the United States, mainly including: 1. Clear guidelines on which cryptocurrencies should be classified as securities; 2. Whether Trump will fulfill his promise to establish a strategic Bitcoin reserve in the United States; 3. Any changes to the SAB121 Act, which establishes accounting standards for companies that custody cryptocurrencies, requiring public companies, including banks, to recognize the cryptocurrencies they custody as liabilities on their balance sheets; 4. Whether the Federal Reserve will significantly cut its key policy rate in 2025. (Morningstar)