Eric Trump's Predicted Q4 Crypto Rally Never Happened—Could The Market Structure Bill Still Deliver It?
CoinbaseCoinbase(US:COIN) Benzinga·2026-01-22 14:33

Core Insights - Eric Trump's bullish prediction for Q4 2025 regarding the crypto market has not materialized, with Bitcoin experiencing a decline of approximately 20% since his forecast [1][3] - The delayed crypto market structure bill is seen as a potential catalyst for the crypto sector to initiate a new upward trend [1] Group 1: Predictions and Market Performance - Eric Trump predicted significant gains for the crypto market in Q4 2025, citing rising M2 money supply and a return to quantitative easing by the Federal Reserve as key catalysts [2] - Historical trends in Q4 have typically shown strength for crypto markets, contributing to Trump's optimistic outlook [2] - Bitcoin's price fell from around $113,400 on September 30 to approximately $89,900, marking a decline of about 20%, while Ethereum dropped by 3.5% during the same timeframe [3] Group 2: Legislative Developments - Eric Trump criticized major banks for allegedly obstructing crypto legislation to maintain their dominance in the financial system [4] - He highlighted the inefficiencies of traditional banking, such as delays in money transfers, which crypto technology can eliminate, allowing for instantaneous transactions [5] - The Senate Banking Committee has postponed the crypto market structure bill until late February or March, with Coinbase Global Inc. withdrawing support due to disagreements with the banking industry [6] - The Senate Agriculture Committee has introduced its own version of crypto legislation, but it faces challenges in garnering bipartisan support, raising concerns about its passage [7]

Coinbase-Eric Trump's Predicted Q4 Crypto Rally Never Happened—Could The Market Structure Bill Still Deliver It? - Reportify