The growth of Bitcoin’s price directly depends on mass adoption — something that can’t happen without new legislation. The U.S. serves as the benchmark for crypto laws and regulations. Trump promised to make America the crypto capital of the world, and the further he gets from fulfilling that promise, the lower Bitcoin’s price goes.
If Trump promised to make America the crypto capital of the world, so what happens when his second tenure as American president finishes in few years time and a Democrats is elected as the next president, will that stance be sustained? Do you think so?
So there is possibility of repealing some of the laws Trump made during his tenure just like himself have kicked against certain decisions of his predecessor (Biden).
Bitcoin is Independent. For get the media and government support. They are just making the growth faster but without it bitcoin will still be in use maybe not in the Increase it is now.
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In the U.S., laws are passed by Congress — it’s a slow process, and once adopted, they’re hard to repeal. That’s why presidents often rely on executive orders, which can easily be undone by the next administration.
Trump is being smart by trying to push crypto regulation through Congress. The problem is, none of his initiatives have actually made it to a working stage yet.
And with the 2026 midterms coming up, Democrats might win back Congress.