Bitcoin and the crypto market could face a significant decline coinciding with Donald Trump's inauguration day, noted Arthur Hayes. He suggestedthat Donald Trump only has one year to enact policies that favor the crypto industry. Although Hayes highlightedthat a Bitcoin Strategic Reserve could boost crypto prices, he doesn't believe it's feasible.
He highlighted that the time factor stems from the fact that most elected officials begin campaigning by late 2025 for the midterm elections in November 2026, including the House of Representatives.Hence, Hayesbelieves Trump has only one year to implement meaningful policy changes. The crypto market has been in an uptrend since Donald Trump won the US presidential in November, with Bitcoin consistently reaching new highs.