The White House and Donald Trump's Richest Planetary Advisory Team

The Trump administration has an advisory team and an internal department with an estimated total assets of over $327 billion, with the presence of wealthy and influential individuals in the financial and technology sectors, bringing about some notable impacts on the cryptocurrency market.

1. Strengthening the legalization and acceptance of cryptocurrencies• The presence of David Sacks, known as the 'AI & Crypto Czar', demonstrates the government's commitment to promoting the development of the cryptocurrency industry. He is a prominent investor in the blockchain field, and his presence in the cabinet indicates that the government can implement policies that support cryptocurrencies, from legal frameworks to creating conditions for the development of new projects. • As co-chair of DOGE, Elon Musk also brings a positive signal to the development of community-based and highly attractive coins like Dogecoin.
2. Influence on the market through individual investment • Billionaires like Scott Bessent, Stephen Feinberg, and Jared Isaacman have the potential to invest heavily in projects related to cryptocurrencies and blockchain. This could create a wave of large investments and increase market value, especially when these projects receive direct or indirect support from the government.
3. Crypto-friendly financial policies • For wealthy inner-party members, the government tends to promote financial policies prioritizing technological innovation and reducing restrictive regulations, which benefits blockchain and cryptocurrency technology companies. • For example, Linda McMahon (Secretary of Education) has stood out in entrepreneurship support initiatives, which could promote education on blockchain and cryptocurrency in the academic system.
4. Strengthening investors' confidence • The participation of wealthy, globally influential individuals in the cabinet can boost investor confidence in the stability and future of cryptocurrencies. The market often reacts positively to political events that favor the development of the industry.
5. Risks from financial concentration However, this team can also lead to biased policies, supporting specific projects or cryptocurrencies. This can cause imbalances in the market or cause retail investors to suffer. Summary The presence of powerful and wealthy individuals in Trump's inner circle shows that the cryptocurrency market is likely to be supported and developed more strongly in the near future. However, this also depends on how policies are implemented and the balance between public interest and personal interest.