Former US President Trump said at the Libertarian National Convention that if he is re-elected, he will commute the sentence of Silk Road founder Ross Ulbricht, who has served 11 years in prison, and release him home on his first day in office. Silk Road is the first modern dark web market based on Bitcoin, which is used to trade drugs and other illegal products. Trump also promised to protect cryptocurrency holders, support the right to self-custody, and promise to make the future of cryptocurrencies such as Bitcoin made in the United States.

Ross Ulbricht, nicknamed Dread Pirate Roberts, is the founder of Silk Road. The website has attracted much attention for its use of hidden services and Bitcoin as its main currency. Ulbricht accumulated a net worth of millions of dollars by charging transaction fees. However, he was arrested in 2013 for suspected multiple crimes and sentenced to life imprisonment in 2015.

In terms of crypto market sentiment, mainstream currencies have shown a volatile trend in the near future, but are expected to break through new highs and drive a new round of rises. Trump's promise may have a certain impact on the cryptocurrency market, and the market is taking a wait-and-see attitude.