EXCLUSIVE: How Donald Trump's Crypto Plans Will Impact Bitcoin, XRP, Solana

President-elect Donald Trump is set to move back into the White House on Monday after he officially assumes office, kicking off a flurry of speculation about immediate crypto-relation action, such as support for a U.S. crypto reserve.

Benzinga talked to cryptocurrency experts, who are divided on the likelihood of immediate executive orders, but largely bullish on the near-term market outlook.

Will Trump Sign A Crypto Executive Order On Day 1?

The prospect of executive orders on day one is a source of debate among the experts, however, most agree that the move is highly probable in the near future.

Marcin Kazmierczak, co-founder & COO of Redstone, stated his view that any orders will likely emerge in the weeks following the inauguration, rather than on day one, due to the numerous pressing issues new administrations face.

Vijay Pravin Maharajan, CEO and Founder of bitsCrunch, however, suggests that decisive early action, such as executive orders, could be a strategic move for the incoming President to project an image of immediate success and capitalize on the markets.

Aurelie Barthere, Principal Research Analyst at Nansen, indicated that the idea of a strategic Bitcoin reserve is not likely to be a unanimous preference and will require building consensus in Congress.

What Trump 2.0 Means For The Crypto Markets

Concerning near-term market behavior, Kazmierczak expects a positive market response to what he calls favorable regulatory changes.

This sentiment is echoed by Maharajan, who predicts a post-inauguration rally, especially if Trump makes explicit pro-crypto statements.

Barthere has stated that a drop in interest rates could provide a positive impulse for crypto, and the markets currently have “some juice” for risk assets.

James Toledano, Chief Operating Officer at Unity Wallet, highlighted the importance of factors beyond political influence and focused on "adoption, regulation and macroeconomic factors" as the real drivers of Bitcoin prices.

Also Read: Bitcoin Spikes To $104,000, Traders Eye $130,000 Target In Late January

A Strategic Bitcoin Reserve: Yay Or Nay?

The possibility of a U.S. crypto reserve is a notable point of discussion among the experts.

Kazmierczak highlighted the significant potential for Bitcoin BTC/USD if it is recognized by the largest economy, adding that this could represent a fundamental shift in the market.

Barthere stated her belief that such a move would provide a “very bullish” outlook for crypto, "legitimizing it as an asset class," and signaling potential action to institutional investors.

Maharajan further added that this inclusion could reinforce the dollar's strength and signal commitment to leading the digital asset space.

Here’s Which Crypto Assets Experts Tip To Do Well

Kazmierczak stated he believes that the DeFi sector may see outperformance, if the environment for the sector improves.

Barthere named BTC because of its ‘reserve currency' narrative, but also tips Solana SOL/USD, Ripple XRP/USD Dogecoin DOGE/USD as well as the whole AI narrative to do well.

Maharajan suggested that Trump might favor U.S.-created crypto like XRP and Solana, in keeping with his “America First” ideology, adding, “Bitcoin will of course do extremely well.”

The consensus among the experts is that Trump's inauguration will be a significant event for the crypto market, with the potential for significant price action and policy changes.

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