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Analysis: Trump administration strengthens bitcoin status, Altcoins face regulatory uncertainty

Trader Eugene Ng Ah Sio recommended an analysis article on the White House Crypto Summit on social platforms, calling it an "excellent analysis." The article focuses on the latest crypto policy of the Trump administration, which has strengthened the dominance of Bitcoin. The concept of "Digital Fort Knox" is proposed, which plans to convert confiscated crypto assets into BTC and further consolidate its "digital gold" properties. According to the analysis, the policy mainly ensures that the crypto industry will not be suppressed, including stopping bank blockades and providing some regulatory clarity, but does not prioritize the development of the crypto industry, nor does it involve payment, DeFi, etc. At the same time, Altcoins (such as XRP, ADA, SOL) have not received clear support, and future regulation remains uncertain. In addition, members of the Trump family have repeatedly spoken out in support of Altcoins and hinted that they may promote a "cryptocurrency tax exemption" policy, but Trump adviser David Sacks has denied this claim and stressed that crypto policies do not favor specific tokens. The market expects that if the internal divisions within the Trump team increase, the policy may still be adjusted in the future.