Bitcoin’s Coinbase Premium Remains Low as Trump Plans Crypto Policy
Recent reports indicate potential positive developments for the crypto sector in the U.S.:
- President-elect Donald Trump may issue an executive order designating cryptocurrency as a national priority.
- A potential creation of a crypto advisory group to support digital asset policies is expected.
- Trump's administration could announce the establishment of a strategic bitcoin reserve on his first day in office.
- This marks a shift from the previous Biden administration, which enforced over 100 actions against the crypto industry.
- Despite these developments, BTC is trading at a slight discount on Coinbase compared to Binance, indicating low U.S. demand.
- BTC's price has been stable between $90,000 and $108,000 since mid-December, currently at $101,600.
Past surges led by U.S. investors have not been replicated recently, with current trading reflecting caution among traders awaiting Trump's policy actions.