Trump's pledge to make the US a "Bitcoin superpower" could have a mixed short - term impact on Bitcoin's price. His about - face from criticizing crypto to advocating for it may initially boost market sentiment. Traders, seeing potential regulatory leniency, might increase their Bitcoin purchases, driving up demand and prices. However, his past inconsistent views create uncertainty. Some investors, skeptical about the sincerity of this sudden shift, may hold back. If the market doubts the feasibility of his plans, it could lead to short - term price volatility, with quick rises followed by sharp corrections.