Bitcoin on Edge: Trump's 100-Day Address Could Shake Crypto World

Hang onto your hats, crypto fans! Bitcoin markets are buzzing with anticipation as they zero in on President Donald Trump’s upcoming 100-day address. Bitfinex analysts are sounding the alarm, calling this speech a potential game-changer for the digital currency scene.

Everyone's eyes are glued to the screen, waiting to see if Uncle Sam’s policies will give Bitcoin the nod as a key player in the future economy.

According to a hot-off-the-press note from Bitfinex, the crypto community is all ears for any mention of a strategic crypto reserve, deregulation that could flood U.S.-based digital asset platforms with cash, or any talk that positions Bitcoin as a pillar of America's financial system.

Even if there’s no solid policy shift, just a whiff of support from the White House could stamp Bitcoin as legit in the eyes of both big-time institutions and everyday investors.

"The buzz around Trump's 100-day address is off the charts in the crypto world," the Bitfinex crew dished out. "Even without a policy bombshell, a nod that boosts Bitcoin's street cred or plays into economic nationalism via crypto could cement it as a major player in the big political game."

Tightened on-chain supply

And guess what? All this hype is happening while Bitcoin's on-chain supply is getting tighter than a drum. Exchange deposits are hitting multi-week lows, which means less selling pressure and more folks holding onto their coins like they’re gold bars.

Bitfinex threw out a warning, though: don’t bet the farm on this alone. But mix it with the recent rollercoaster of macro volatility and the dust settling from a whopping $7.2 billion options expiry, and you might just have the recipe for a bullish breakout like we've seen before.

Analysts are pointing out that when prices stay steady but exchange balances drop, it’s often the calm before the storm of a price surge, especially if ETFs and institutions keep up their hungry demand.