Donald Trump is serious about Krypto

On Monday the course of the cryptocurrency Bitcoin reached an all -time high: more than 120,000 Dollar. The investors in cryptocurrency are euphoric. The US House of Representatives deals with changes in the law for a whole week, although there would have been other economic issues that might be more important.

This week, the regulatory framework for the industry and thus the foundation for a crypto -friendly Washington could be laid. “Crypto Week” has already been baptized this week. A election promise of US President Donald Trump. And the expectations are high, as high as the price of the Bitcoins.

“There is also a lot of checking potential,” warns Analyst Timo Emden. Because not all expectations will be met 100 percent. But the industry counts exactly; Many institutional investors have also pumped high investments in Bitcoin and Co. Other market participants who have placed on a falling value of the cryptocurrency had to buy, and also drove the value of cryptocurrency. Last but not least, according to Emden, they are already at the door with business models in order to benefit from loosening regulation.

But Emden warns: “Even if the laws fail in the sense of the industry, they could fall on their feet again to the market participants; The House of Representatives will debate the “Clarity Act”, the determination of a regulatory framework for digital assets in the United States, as well as the “Anti-CBDC Surveillance State Act” this week. This legal initiative is intended to prohibit the issue of a digital bank currency (Central Bank Digital Currency, CBDC), which undermines the right of Americans, to financial privacy. The MPs also deal with the “Genius Stable Package”, which aims to create a federal framework for stable coins and to provide them with the supervision of the Ministry of Finance. This week it may also be voted on what Trump's crypto -friendly agenda would continue to advance.

Analyst Emden also sees a return potential for Bitcoin: the smoldering customs conflict between the USA and its most important trading partners. On April 2, the Bitcoin, the so -called “Liberation Day”, on which Trump made its customs plans public for the first time. The customs dispute “should continue to hover as a classic Damocles sword over the heads of the investors,” says Emden.

On the European stock market, the customs announcement of 30 percent for goods from the EU has only found a limited echo for goods from the EU. The German leading index Dax started around one percent lower into the new trade week; However, the losses could be limited somewhat by noon, and the DAX stayed just above the 24,000 points. His European counterpart, the Euro Stoxx 50, lost 0.6 percent to 5353 points.