**News Flash: Trump Promises to Make US the Crypto Capital**
In a bold move, Donald Trump pledged at the Bitcoin 2024 conference in Nashville to transform the United States into the "crypto capital of the world." He plans to create a national Bitcoin (BTC) stockpile, making it a permanent national asset. This announcement has sparked bullish predictions from top crypto analysts.
- **Market Predictions**: Analysts like Daan de Rover foresee BTC potentially reaching $800,000 if Trump is re-elected. Others, like Dan Crypto Traders, predict Bitcoin could hit $100,000 in the long term.
- **Legislative Support**: Senator Cynthia Lummis proposed a plan to establish a federal reserve of 1 million BTC over the next five years to help reduce national debt.
- **Current Market**: Bitcoin stabilized around $67,500-$68,000 post-Trump's speech, with predictions of a rally toward $74,000 by August.
This article does not contain investment advice. Always conduct your own research before making financial decisions.