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## Crypto Daily Digest: Trump’s inaugural speech did not mention cryptocurrency, and Republican lawmakers’ documents did not mention cryptocurrency as a priority
The U.S. stock market was closed yesterday, and there was no inflow or outflow of funds in the BTC ETF and ETH ETF.

**US President Trump was sworn in, but did not mention cryptocurrency in his inaugural speech**

In a speech after being sworn in early on January 21, U.S. President Donald Trump pledged to lead the United States into a "golden age" and save the country from what he called a "recession" caused by the policies of his predecessor.

Trump did not mention <a href="/pt-br/price/bitcoin-btc" target="_blank" class="blog_inner_link">Bitcoin</a> or cryptocurrency in his speech. In addition, a document released by Republican lawmakers to the outside world did not list cryptocurrency as a current priority. However, according to previous market expectations, Trump may also sign an executive order involving cryptocurrency in the next few days.

**Opinion: Trump may not start building a <a href="/pt-br/price/bitcoin-btc" target="_blank" class="blog_inner_link">Bitcoin</a> reserve**

According to CoinDesk, Arthur Hayes, a well-known KOL in the crypto community, said: “I don’t think Trump will set out to build a Bitcoin reserve. At the end of the day, I don’t know what the point of borrowing money to <a href="/pt-br/crypto/buy/bitcoin-btc" target="_blank" class="blog_inner_link">buy Bitcoin</a> is on any of Trump’s platforms.” He said: “You have so much borrowing power before you destroy the bond market. Will you borrow to <a href="/pt-br/crypto/buy/bitcoin-btc" target="_blank" class="blog_inner_link">buy Bitcoin</a>? Will you borrow to provide healthcare to the seniors who voted for you, or to build more bombs so the defense lobby likes you? You can borrow money to buy a lot of different things. I just don't think he's going to spend it on Bitcoin. While Bitcoin supporters think Bitcoin is important, there are a lot of other stakeholders who want to put borrowed money into their pockets." Regarding implementing a bitcoin reserve, Hayes said “I hope I’m wrong.” But he noted that the limited time before the midterm elections could limit the ability to implement major policy changes, and there are many other things to allocate time and budget for.

**<a href="/pt-br/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a> Foundation transferred 50,000 ETH to a new wallet address dedicated to supporting DeFi**

The <a href="/pt-br/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a> Foundation has announced the establishment of a wallet address to begin participating in decentralized finance (DeFi), confirming Vitalik Buterin’s recent statement that the non-profit organization will continue to undergo organizational changes. The organization plans to inject about $150 million worth of ETH into the wallet, but noted that it could take several days to complete the setup. Hsiao-Wei Wang, who was recently appointed to a leadership position at the foundation, posted on X on Monday: “The Ethereum Foundation has established a new 5-signature 3-signature multi-signature wallet… The operation has been initiated to send 50,000 ETH to this wallet, but please be patient; Due to signature delays, this will take a few days to process, and the Ethereum Foundation will use this new wallet to participate in the DeFi ecosystem.”

## Market Trends:  The market fluctuated downward, and TRUMP fell below $40
### Market Hotspots
Both TRUMP and MELANIA plunged more than 50% on the day. At Trump's presidential inauguration ceremony early this morning Beijing time, he did not mention the crypto industry or his personal meme coin, causing the overall market to plunge. The US presidential inauguration has multiple agendas, and it is normal not to mention cryptocurrency in national events. The plunge may be a reflection of the market's lack of confidence in the future. As of writing, according to Gate.io market data, the TRUMP token is currently priced at $36.51;

The AI ​​Agent sector rose slightly, SWARMS rebounded more than 60% from its oversold level, but it still fell nearly 80% from its historical high; AIXBT also rebounded after falling to around $0.59, ignoring the overall decline, with the highest rebound exceeding 20%; FARTCOIN, a strong currency in the early stage, fell sharply.

### Mainstream Coins 
BTC rose to above $109,500 and then fell back. After Trump’s inauguration, it plunged sharply to around $100,500 and is currently in a range of consolidation;

ETH fluctuated widely in the range of $3,250 to $3,450. Although Trump's WLFI bought a large amount of ETH and tokens such as <a href="/pt-br/price/link-ln" target="_blank" class="blog_inner_link">LINK</a> and <a href="/pt-br/price/aave-aave" target="_blank" class="blog_inner_link">AAVE</a> in the Ethereum ecosystem, it still could not hide the decline of ETH;

Altcoins generally plummeted, and the market hot spots changed very quickly. The expected general rise in the Altcoin season may not reappear. The difficulty of this round of market has risen sharply compared with the previous bull market; but from the perspective of issuing coins after Trump stepped down, there are still many certain opportunities for cryptocurrencies in the future. Good hunters are good at waiting.

## Macro News: U.S. stocks were closed yesterday, no more data and opinions updated



<div class="blog-details-info">
<div>Author:**Orisi**, Gate.io Researcher
<div>Translator:Joy Z.
<div class="info-tips">\*This article represents only the views of the researcher and does not constitute any investment suggestions. All investments carry inherent risks; prudent decision-making is essential.
<div>\*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
</div>

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Daily News | Trump Did Not Mention Cryptocurrency in His Inaugural Speech, Speculation About Bitcoin Strategic Reserves Is Still Brewing