News 
February 21, 2025 
3 min. 
Donald Trump return to the White House has fueled optimism in the crypto industry, with Bitcoin surging over 40% since his election victory. However, a recent survey suggests that Australians remain divided on whether his presidency benefits the sector.
A study conducted by Australian crypto exchange Independent Reserve, surveying 2,100 adults, found that only 31% of respondents believe Trump is good for crypto. In contrast, 8% think he is bad for the industry, while a significant 60% remain neutral.
Crypto Investors More Optimistic About Trump
The survey revealed a clear divide between crypto investors and those who don’t hold digital assets. Among crypto investors, 50% view Trump as a positive force for the industry, while 44% remain neutral and only 6% see him as a negative influence.
Non-investors, however, are less optimistic. Only 20% of this group believe Trump is good for crypto, while 10% think he is bad for the sector. This contrast suggests that those directly engaged in the crypto space are more hopeful about potential policy changes under Trump’s leadership.
Bitcoin’s Price Surge and Election Influence
The price of Bitcoin surged after Trump’s victory on November 5, reaching a whopping $91,100 with a peak value of $108,786 on January 20, his inauguration day. Many are betting on his business-friendly policies helping fuel innovations and further adoption.
Adrian Przelozny, CEO of Independent, said, “There is concern that his pro-crypto policies may stifle innovation and broader adoption of digital assets foster innovation.” Another survey from the crypto exchange Swyftx revealed that 59% of Aussie crypto investors are much more inclined to vote for a pro-crypto candidate in the next federal election. With around about 2 million investors, this trend could drastically change the results of the election set for May 17.
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It’s clear that as Australia’s politics change, crypto-friendly policies are starting to have an impact on voter sentiment. Independent Reserve remarked that other trackers of the industry in Australia post 2019, claim almost one-third of respondents say they own or have owned some kind of digital asset suggesting the country has reached peak crypto adoption.
