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The cryptocurrency markets are holding their breath: Live coverage of Trump's inauguration ceremony.

The cryptocurrency markets are holding their breath: Live coverage of Trump's inauguration ceremony.

20.01.2025 19:40

Haberler.com is providing live coverage of Donald Trump's inauguration as the 47th president of the United States and its potential impacts on the crypto markets. Along with the live commentary, you can follow the possible policies of the new administration regarding blockchain technologies, Bitcoin, Ethereum, and other areas of cryptocurrency, as well as the latest developments in these topics.

Selected U.S. President Donald Trump will officially take office by taking the oath on Monday, January 20, at 12:00 PM Washington time (8:00 PM Turkish time). It was announced last week that the oath ceremony would be held indoors due to the severe polar cold affecting the region.

The Cryptocurrency World is Focused on Donald Trump's Oath Ceremony

In his statement, Trump said, "Due to the extreme cold weather conditions, I have decided to hold my oath ceremony speech and prayers in the U.S. Capitol Rotunda, just like Ronald Reagan did in 1985."

According to sources close to Trump, leading figures from the technology world will attend the ceremony. Elon Musk, who is part of Trump's team and has been appointed to head a new formation called the "Department of Government Efficiency" (DOGE), will be one of the key figures at the event. In addition to Musk, Mark Zuckerberg, Jeff Bezos, Sam Altman, and TikTok's CEO Shou Zi Chew, as well as China's Vice President Han Zheng, will also be present at the ceremony.

After the oath ceremony, Trump will deliver a speech to the nation and then attend three different inaugural balls. Before the oath ceremony of Donald Trump, who will take office as the 47th President of the United States, World Liberty Financial, supported by Trump and his family, made purchases of $4.7 million in LINK, $4.7 million in AAVE, $4.7 million in TRX, and $470,000 in ENA.

During the election campaign, Donald Trump made significant promises regarding the cryptocurrency sector. Trump announced that he would establish a Crypto Advisory Council to determine the priorities of the cryptocurrency sector and facilitate cooperation between the public and private sectors, and he declared that he would create a national reserve by not selling the Bitcoins held by the U.S. He stated that he aims to make the U.S. a global cryptocurrency hub and would make changes in regulatory agencies in this direction, promising to end the "Operation Choke Point 2.0" to ease cryptocurrency companies' access to banking services. The new U.S. President Donald Trump also expressed that he would encourage the concentration of Bitcoin mining in the U.S. and pursue friendly policies towards the cryptocurrency sector.



 
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