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Trump Signals Quick Move on CLARITY Act as Bitcoin Holds Near $90K
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数字货币大师
01-22 13:33
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President Donald Trump said he expects to sign the crypto market structure bill soon, as Congress advances work on new rules for digital assets. He made the remarks during his...
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作者:数字币神

President Donald Trump said he expects to sign the crypto market structure bill soon, as Congress advances work on new rules for digital assets. He made the remarks during his Davos speech, where he framed the push as part of a broader effort to keep the United States ahead in global financial innovation. 

The comments quickly fueled fresh optimism across crypto markets, as traders viewed them as a potential turning point for regulatory clarity. Trump also linked the effort to international competition, stressing that Washington must move faster to protect America’s leadership.

Trump Signals Faster Crypto Regulation

Trump said lawmakers are already building a market structure framework, and he wants to sign it once it reaches his desk. Additionally, he reminded the audience that he signed the GENIUS Act last year, which he presented as another step toward clearer oversight. Consequently, his Davos comments increased expectations that regulators may soon provide firmer guidance for exchanges, issuers, and investors.

Besides focusing on domestic policy, Trump pointed to global pressure from China and other major economies. He suggested that U.S. leadership in crypto depends on speed and stronger coordination. Moreover, he described the moment as a race for dominance in next-generation finance.

Greenland Pledge and Fed Comments Add Market Boost

Trump also tried to cool speculation around Greenland, saying he would not use force to acquire the territory. However, he urged Denmark to negotiate and framed the issue as part of a broader peace effort. 

Significantly, this statement came after market fears rose around geopolitical conflict scenarios. Hence, his pledge helped reduce some uncertainty that had weighed on risk assets.

Additionally, Trump criticized Federal Reserve Chair Jerome Powell and claimed the central bank acts too slowly. He also said he plans to announce a new Fed chair in the near future. Consequently, traders interpreted the remarks as a signal of shifting monetary direction.

Bitcoin Reacts as Sentiment Improves

Bitcoin rose following Trump’s Davos remarks, with traders responding to both the regulatory messaging and wider macro headlines. At press time, Bitcoin traded at $90,002.73 with $66.8 billion in daily volume. It showed a 0.56% gain in 24 hours, despite a 7.71% drop over seven days. Moreover, the market cap stood near $1.80 trillion, supported by a circulating supply of about 20 million BTC.

Related: White House May Drop Support for Clarity Act If Coinbase Holds Its Stance

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