The 2024 Bitcoin Conference is over, let's summarize Trump's speech!
🔶Will ensure that the US government retains 100% of the Bitcoin it owns, and will list Bitcoin as a US strategic reserve asset.
🔶Promised that if he returns to the White House, he will reverse the Biden administration's "persecution" of the crypto industry, including firing SEC Chairman Gensler on the first day of his election.
🔶Plans to appoint a Bitcoin Presidential Advisory Committee to formulate US cryptocurrency policy.
🔶Said that there will never be a central bank digital currency (CBDC) during his presidency.
🔶Emphasized that the United States will become the world's undisputed Bitcoin mining power.
🔶Said that Bitcoin's market value has been increasing since its birth, and it has become the ninth largest asset in the world by market value. It will soon surpass silver and gold in the future.
Trump's speech actively wins voters in the cryptocurrency industry and raises campaign funds.
During his speech, Bitcoin went through a V-shaped trend, first falling by $1,200 in the short term and falling below the $67,000 mark;
At the end of the speech, it rose violently again and recovered all the losses. As of press time, Bitcoin has exceeded $68,000 per coin.
During his presidency, Trump severely criticized cryptocurrencies, calling them a "scam." His change in attitude reflects that cryptocurrency users have become a growing political force during this election.
The above content is for information sharing only and does not constitute any investment advice! Investment is risky, so be cautious when entering the market!
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