Trump's speech at the 2024 Bitcoin Conference did not lead to a high sentiment in the market.
Trump's promises include:
The United States must dominate Bitcoin and related innovations;
He will fire Gary Gensler on the first day;
Create a presidential advisory committee on cryptocurrency;
Prevent the US government from selling its Bitcoin, etc.
The market is flat because many large institutions may "not take his words too seriously". Everyone has long expected the promises of American politicians. Trump is not always supportive of Bitcoin. The president has no power to directly fire the chairman of the SEC, etc.
