Analysis of Trump's inauguration speech: important for the crypto market.

First of all - Trump said nothing about the crypto market. And yes - he shouldn't have. BUT logically, he could and even should have mentioned #BTC. Specifically - about the strategic reserve of #BTC for the USA. Not a word about that. This leaves three possibilities - either they decided it's not the time to voice this at the highs (why not), or the issue was sent for further study, or there will be no reserve at all (which shouldn't be ruled out).

Cryptocurrency is not a top priority, according to a document from the White House published on #PUNCHBOWL. And this, of course, cools expectations.

But let's break down other theses voiced by Trump. Everything related to the economy that can influence the markets of risky assets (including cryptocurrency):

- Today I will sign a number of historic decrees. This will be a revolution of common sense. First of all, I will declare a state of emergency at our southern borders. The process of expelling millions of criminal elements back to where they came from will begin. I will send troops to the southern border to stop this invasion. I will also declare cartels foreign terrorist organizations.

- Today I will declare a national energy emergency. We will drill. The principle: drill, baby, drill. America will become a producing country again. We have vast reserves of oil and gas. We will lower prices. We will export our energy resources around the world. We will save our industry. We will produce cars in America again at a pace no one imagined.

- We will reform the trade system. We will impose tariffs. We will apply taxation so that our citizens become wealthier. I will create a foreign tax administration to collect trade tariffs and taxes with the aim of enriching our citizens.

- American ships are subjected to excessive charges and do not receive fair treatment in any way, including the U.S. Navy. And, most importantly, China controls the Panama Canal, and we did not hand it over to China. We handed it over to Panama. And now we are taking it back.

- I will instruct all members of my cabinet to direct the enormous resources at their disposal to defeat inflation.

- The inflation crisis was caused by mass overspending and rising energy prices.

- We will create a Government Efficiency Department (DOGE).

Now let's calculate:

1. Expulsion of cheap illegal labor from the country. Inflationary factor (American workers will not accept low wages).

2. Extracting energy resources, rather than importing them. Inflationary factor (extracting in the USA is more expensive).

3. Tariffs on foreign goods. Inflationary factor (buying American is more expensive).

In all of this, Trump places special emphasis on combating inflation. BUT how is this possible with such plans - a good question.

Our conclusion: a new president - a new wave of dollar devaluation. And this means a new wave of growth for risky assets, including cryptocurrencies led by BTC. #BTC will be fine in 2025 even without the status of a reserve asset in the USA. It is enough for at least some of the voiced promises to be fulfilled. And for the crypto industry to be allowed to breathe freely.