On July 19, YiJie reported that the issue of cryptocurrency continued to be hot in the 2024 US presidential election. The market paid close attention to Trump's speech at the Bitcoin 2024 conference at the end of July. As the attitudes of the two parties in the United States towards Bitcoin become more friendly, the "global reserve asset theory" of Bitcoin is being hotly discussed.

It is reported that former US President Trump will attend the 2024 Bitcoin Conference and deliver a speech. The conference was held by Bitcoin Magazine and lasted for three days from July 25 to 27. The media called it the largest Bitcoin event this year. The market is eagerly looking forward to Trump's appearance after being shot. Dennis Porter, co-founder of the Satoshi Action Fund, and Simon Dixon, founder of BnkToTheFuture, said that industry insiders predict that Trump may make a heavy announcement at this conference that Bitcoin will become a strategic reserve asset for the United States.

There are calls for Bitcoin to be included in the reserve assets. Behind this are both the continuous maturity and popularity of the cryptocurrency field, and the continued easing of the attitude of Trump and Biden's team towards cryptocurrency. In addition, some analysts believe that the inclusion of Bitcoin in the reserve assets will help consolidate the position of the US dollar in the global financial market.

Billionaire Mark Cuban recently predicted that geopolitical instability and inflationary pressures could drive Bitcoin to become a global reserve asset. He also mentioned that Silicon Valley's increased support for former President Trump could mean a "Bitcoin game" for the big tech industry. Earlier this year, former U.S. House Speaker Paul Ryan discussed the role that stablecoins could play in saving the dollar and maintaining its hegemony. Ryan said that stablecoins are a way to maintain the dollar's dominance in the face of extremely high debt and competition from the renminbi.