Sources: Trump is expected to issue at least one cryptocurrency executive order on his first day in office

ChainCatcher news, according to Marketwatch, sources say that the cryptocurrency industry has been lobbying Trump to issue an executive order within his first 100 days in office to establish a U.S. Bitcoin reserve, ensure that the industry can access banking services, and create a cryptocurrency advisory committee. The industry expects at least one order to be issued by January 20.

An analyst stated that Bitcoin could rise to a historic high of over $125,000 in the first quarter of this year, or it could drop to $77,000. The key factor is whether Trump will quickly fulfill his promises to the cryptocurrency industry after taking office. These promises include his intention to make the U.S. the "capital of internet cryptocurrency" and the "world's Bitcoin superpower."