Trump’s reaffirmation of the August 1st deadline—presumably related to significant policy implementation—adds a layer of certainty to market planning. Clear timelines from leadership, regardless of the specific policy area, tend to reduce uncertainty premiums across asset classes.
More significantly, the White House’s upcoming digital asset report on July 31st represents a potential inflection point for the cryptocurrency sector. Regulatory clarity has been the missing piece in institutional adoption of digital assets. This report could provide the framework that transforms crypto from a speculative investment into a legitimate asset class for institutional portfolios.