CFTC acting chair Caroline Pham praised the Trump administration for ushering in a 'golden age of crypto' during a futures-industry conference in Chicago. Pham contrasted this with the Biden administration's regulatory stance, highlighting Trump's pro-crypto executive orders, the White House's first crypto conference, and a stablecoin bill as significant achievements. Bitcoin's price has fallen below $90,000, marking a 27% decline from its October peak, while the broader cryptocurrency market has shed over $1 trillion in value since October. Pham also emphasized the CFTC's initiatives to approve spot crypto trading and support tokenized collateral, aiming to restore the U.S.'s leadership in the global crypto landscape.