Caixin: If Trump adjusts policies in preparation for the midterm elections in November next year, it may once again affect digital currencies and other assets

Caixin released the "2026 New Year Special Review and Outlook," which pointed out that in 2025, the "Trump Deal" made waves, with gold prices and virtual currencies competing for attention. In March, an executive order was signed to incorporate approximately 210,000 bitcoins held by the federal government into the national strategic reserve. Various transactions based on stablecoins and digital currencies were extensively implemented in 2025, and listed companies transformed into treasury companies specifically hoarding digital currencies, leading to speculation.

However, the seizure of $15 billion in bitcoins by the U.S. from the Chen Zhi telecommunications fraud group raised concerns about transaction security, and by the end of the year, bitcoin had fallen from its historical highs. As we move into 2026, when Trump begins preparing for the midterm elections in November, it will be crucial to observe which areas his policies will adjust in response to feedback and how this will affect the performance of various asset classes, becoming a key theme to watch in 2026.