Donald Trump Inauguration LIVE: Bitcoin Hits Record Ahead of Trump’s Return to White House

The inauguration of Donald Trump as the 47th President of the United States on January 20, 2025, was a monumental event that captured global attention. This historic occasion was marked by a series of significant economic, political, and social developments that have far-reaching implications. This comprehensive article, brought to you by News Plus Globe, explores the multifaceted aspects of the Donald Trump inauguration, providing an in-depth analysis that adheres to Google’s guidelines for quality content.

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Economic Implications of the Donald Trump Inauguration

Cryptocurrency Market Volatility

One of the most notable economic impacts of the Donald Trump inauguration was the significant volatility in the cryptocurrency market. Bitcoin, the world’s largest cryptocurrency, experienced a dramatic surge, hitting a record high of $109,118. This surge was largely attributed to the anticipation of friendlier crypto regulations under the Trump administration.

Factors Driving the Surge

1. Anticipation of Friendlier Regulations: Trump’s promise to make America the “crypto capital” of the world fueled market optimism. The nomination of pro-crypto candidates to key regulatory positions further boosted investor confidence.
2. Market Speculation: The launch of Trump’s own memecoin, $TRUMP, created a speculative frenzy. The token became one of the most valuable cryptocurrencies in less than a day, logging wild swings in the process.
3. Uncertainty and Risk Appetite: While the market was optimistic, the uncertainty surrounding the implementation of Trump’s policies kept risk appetite subdued. Some of Trump’s more ambitious promises, such as a Bitcoin Strategic Reserve, would require Congressional approval, adding to the uncertainty.

The Launch of $TRUMP and $MELANIA Memecoins

The launch of Trump’s memecoin, $TRUMP, added another layer of complexity to the crypto market. The token saw an astonishing 7000% rally within hours of its launch, gaining a market capitalization of over $14 billion. However, this meteoric rise was followed by heavy profit-taking, leading to sharp declines.

Ethical Concerns and Market Impact

1. Ethical Implications: The launch of $MELANIA, a memecoin themed around the First Lady, raised ethical concerns. Critics questioned the ethical implications of Trump leveraging his political status to influence speculative markets.
2. Personal Wealth Boost: The launch of $TRUMP, of which the President-elect holds a significant number of tokens, greatly boosted his personal wealth, at least on paper.
3. Market Volatility: The introduction of these memecoins contributed to the overall volatility in the crypto market, with traders remaining skeptical towards altcoins amid the speculative frenzy.

Broader Crypto Market Performance

While Bitcoin enjoyed a significant rally, the broader crypto market presented a mixed picture. Ether, the world’s second-largest cryptocurrency, rose by 3.5% to $3,390.65. XRP remained flat at $3.2024. Other major cryptocurrencies like Solana, Cardano, and Polygon steadied after recouping earlier losses. Among meme tokens, Dogecoin lost 4.7%.

Market Sentiment and Altcoin Performance

1. Mixed Market Sentiment: The speculative frenzy in memecoins and the skepticism towards altcoins highlighted the volatile nature of the crypto market during this period.
2. Altcoin Performance: While some altcoins like Ether saw modest gains, others like Dogecoin experienced losses, reflecting the mixed market sentiment.
3. Investor Caution: Traders remained cautious, with the broader crypto prices being a mixed bag as they waited to see how Trump’s policies would unfold.

Political and Social Ramifications

Inauguration Events and Celebrations

The Donald Trump inauguration was marked by a series of elaborate events and celebrations, spanning four days. The festivities kicked off on Saturday, January 18, with a party and fireworks display at Trump National Golf Club in Virginia. The event featured musical performances and an extensive fireworks display, setting the tone for the celebrations to follow.

Detailed Schedule of Events

1. Saturday, January 18:
   • Party and Fireworks Display: The celebrations began with a lavish party at Trump National Golf Club in Virginia, attended by roughly 500 guests. The event featured musical performances and an extensive fireworks display.
   • Musical Performances: Trump’s aides prepared a five-hour music playlist and hours of music videos shown on dozens of televisions placed throughout the three floors of the club. Performances by Leo Days, an Elvis impersonator, and Christopher Macchio, a tenor, added to the entertainment.
2. Sunday, January 19:
   • Visit to Arlington National Cemetery: Trump paid a visit to Arlington National Cemetery, honoring the military service members. This visit held special significance as it was his first to the cemetery since the previous year.
   • Rally and Candlelit Dinner: Later in the day, Trump held a major rally at Capital One Arena, followed by a candlelit dinner with supporters.
3. Monday, January 20:
   • Inauguration Ceremony: The inauguration ceremony took place at 12 p.m. EST inside the Capitol Rotunda due to extreme cold weather. Trump took the oath of office administered by Chief Justice John Roberts.
   • Oval Office Signings: Following the ceremony, Trump participated in a traditional signing of executive orders, kicking off his administration with a series of policy initiatives.
   • Inaugural Balls: The evening featured three official inaugural balls: the Commander in Chief Ball, the Liberty Ball, and the Starlight Ball.
4. Tuesday, January 21:
   • National Prayer Service: The day after the inauguration, Trump attended a National Prayer Service at the Washington National Cathedral. The interfaith prayer service was led by the Rev. Mariann Edgar Budde, the Episcopal bishop of Washington.

The Inauguration Ceremony

The inauguration ceremony itself was a historic event. Due to forecasts of extreme cold, the ceremony was moved inside the Capitol Rotunda. Trump took the oath of office at 12 p.m. EST, administered by Chief Justice John Roberts. The event was attended by a diverse group of guests, including several foreign leaders, breaking with traditional inauguration norms.

Key Aspects of the Ceremony

1. Venue Change: The ceremony was moved indoors from its traditional outdoor setting due to extreme cold weather, marking a departure from past inaugurations.
2. Diverse Guest List: The event was attended by a diverse group of guests, including several foreign leaders, breaking with traditional inauguration norms.
3. Inaugural Address: Trump’s inaugural address was anticipated to be uplifting and unifying, marking a departure from his first inauguration speech in 2017, which detailed a broken country he described as “American Carnage.”

Executive Orders and Policy Initiatives

Following the inauguration, Trump wasted no time in implementing his policy agenda. He signed a flurry of executive orders covering a range of issues, from border security to energy production. Notable actions included classifying drug cartels as “foreign terrorist organizations,” declaring an emergency at the U.S.-Mexico border, and restarting construction of the border wall.

Detailed Policy Initiatives

1. Border Security:
   • Classifying Drug Cartels: Trump classified drug cartels as “foreign terrorist organizations,” signaling a tough stance on border security.
   • Emergency Declaration: He declared an emergency at the U.S.-Mexico border, highlighting the urgency of the situation.
   • Border Wall Construction: Trump signed orders to restart construction of the border wall, a key campaign promise.
2. Energy Production:
   • Increased Fossil Fuel Production: Trump pledged to increase fossil fuel production, following through on his campaign vow to “drill, baby, drill.”
   • Energy Policies: The orders included a drive to increase fossil fuel production, with a focus on oil and gas production.
3. Pardons and Policy Reversals:
   • January 6 Pardons: Trump announced a wave of pardons for defendants convicted for their participation in the January 6, 2021, attack on the U.S. Capitol.
   • TikTok Restoration: He restored TikTok’s access to the U.S. market, reversing a previous ban.

International Attendance and Diplomatic Implications

Breaking with Tradition

Significance of International Attendance

1. Departure from Norms: The inclusion of foreign leaders marked a departure from traditional inauguration norms, highlighting the global interest in Trump’s second term.
2. Diplomatic Implications: The presence of foreign leaders signaled Trump’s readiness to engage with his international counterparts, despite potential diplomatic tensions.

Notable Attendees

Some of the notable attendees included:

1. Argentina’s President Javier Milei: A far-right leader who has been hailed by Trump as a man who can “make Argentina great again.” Milei confirmed his attendance and has been a strong supporter of Trump’s policies.
2. Chinese Vice President Han Zheng: Representing Chinese President Xi Jinping, who was invited but did not attend. The invitation signaled Trump’s readiness to interact with his Chinese counterpart, even amid a looming trade war.
3. Italy’s Prime Minister Giorgia Meloni: A far-right leader who visited Mar-a-Lago in January and was likely to attend if her schedule permitted. Meloni’s attendance would have highlighted the alignment of right-wing leaders with Trump’s policies.
4. Ecuador’s President Daniel Noboa: Noboa hailed Trump’s victory as a victory for Latin America and confirmed his attendance, pausing his re-election campaign to travel to Washington for the inauguration.
5. Former Brazilian President Jair Bolsonaro: Known as the “Trump of the Tropics,” Bolsonaro was invited but could not attend due to travel restrictions. His passport was confiscated by the country’s Supreme Court amid several investigations.

Notable Absentees

Several key figures were notably absent from the guest list, including:

1. UK Prime Minister Keir Starmer: Starmer was not invited, highlighting the potential diplomatic tensions between the U.S. and the UK. However, far-right politician Nigel Farage was present, representing a different political faction.
2. European Commission Head Ursula von der Leyen: Along with much of the European Union and members of NATO, who were largely ignored. This snub highlighted the potential diplomatic rift between the U.S. and Europe.
3. German President Olaf Scholz: Scholz was snubbed, but an invitation was extended to Alice Weidel, leader of the far-right Alternative for Germany party (AfD). This move underscored the alignment of right-wing leaders with Trump’s policies.
4. Indian Prime Minister Narendra Modi: Modi shared a “bromance” with Trump but was represented by Foreign Minister Subrahmanyam Jaishankar. Modi’s absence highlighted the complex diplomatic dynamics between the U.S. and India.

Global Reactions and Analysis

International Media Coverage

The Donald Trump inauguration garnered extensive international media coverage, with news outlets around the world reporting on the event. The coverage highlighted the global interest in Trump’s second term and the potential implications of his policies on international relations and global economics.

Key Points of Media Coverage

1. Global Interest: The extensive media coverage underscored the global interest in Trump’s second term and its potential implications.
2. Policy Implications: News outlets discussed the potential shifts in U.S. foreign policy and international relations under Trump’s second term.
3. Economic Impact: The media coverage also highlighted the economic implications of Trump’s policies, particularly in the cryptocurrency market.

Expert Opinions and Predictions

Experts and analysts weighed in on the potential impact of Trump’s second term. Economic analysts predicted that the friendlier crypto regulations could lead to further growth in the cryptocurrency market, while political analysts discussed the potential shifts in U.S. foreign policy and international relations.

Expert Insights

1. Economic Analysts:
   • Crypto Market Growth: Economic analysts predicted that the friendlier crypto regulations under Trump’s administration could lead to further growth in the cryptocurrency market.
   • Market Volatility: They also highlighted the potential for continued market volatility, given the speculative nature of the crypto market.
2. Political Analysts:
   • Foreign Policy Shifts: Political analysts discussed the potential shifts in U.S. foreign policy under Trump’s second term, highlighting the alignment of right-wing leaders with his policies.
   • Diplomatic Implications: They also analyzed the diplomatic implications of Trump’s policies, particularly the snubbing of key European leaders and the alignment with right-wing leaders.

Public Reactions and Social Media Buzz

Social media platforms were abuzz with reactions to the inauguration. Supporters of Trump celebrated the event, expressing optimism about his second term. Critics, on the other hand, raised concerns about the potential implications of his policies on various sectors, including immigration and trade.

Social Media Trends

1. Supporter Reactions:
   • Optimism and Celebration: Supporters of Trump celebrated the inauguration, expressing optimism about his second term and the potential benefits of his policies.
   • Policy Support: They highlighted the potential benefits of Trump’s policies, particularly in areas like border security and energy production.
2. Critic Reactions:
   • Concerns and Criticisms: Critics raised concerns about the potential implications of Trump’s policies on various sectors, including immigration and trade.
   • Ethical Concerns: They also criticized the ethical implications of Trump leveraging his political status to influence speculative markets through the launch of memecoins.

Conclusion

The Donald Trump inauguration was a multifaceted event with far-reaching implications. From the economic impact on the cryptocurrency market to the political and social ramifications of the celebrations and policy initiatives, this inauguration marked a significant moment in American and global history.

As the world watches the unfolding of Trump’s second term, the inauguration serves as a reminder of the complex interplay between economics, politics, and social dynamics. The coming years will reveal the long-term effects of the policies and initiatives introduced during this historic event.

FAQs

When was the Donald Trump inauguration held?

The Donald Trump inauguration was held on January 20, 2025.

What was the impact of the inauguration on the cryptocurrency market?

The inauguration led to significant volatility in the cryptocurrency market, with Bitcoin hitting a record high and the launch of Trump’s memecoins causing both rallies and sharp declines.

Who were some of the notable international attendees at the inauguration?

Notable international attendees included Argentina’s President Javier Milei, Chinese Vice President Han Zheng, Italy’s Prime Minister Giorgia Meloni, and Ecuador’s President Daniel Noboa.

What were some of the key policy initiatives announced during the inauguration?

Key policy initiatives included executive orders on border security, energy production, and pardons for January 6, 2021, defendants, as well as the restoration of TikTok’s access to the U.S. market.

Why was the inauguration ceremony moved indoors?

The inauguration ceremony was moved indoors due to forecasts of extreme cold. be sure to visit News Plus Globe.