Key Points of the Speech:
Personnel Adjustments: On the first day, SEC Chairman Gary Gensler will be dismissed and a new SEC chairman will be appointed.
National Strategic Reserve: If elected, a strategic national Bitcoin reserve will be established by the U.S. government.
Government Holdings: The U.S. government will retain 100% of its Bitcoin holdings.
Bitcoin $BTC Outlook: Bitcoin will rise significantly and may even surpass the market value of gold.
Policy Commitment: Reiterate the commitment to reduce Ross Ulbricht's sentence and promise that there will be no CBDC (Central Bank Digital Currency) during his term.
Status of Cryptocurrency: Bitcoin and cryptocurrencies will soar in unprecedented ways, and they do not threaten the status of the dollar; the real threat to the dollar comes from the current U.S. government.
Cryptocurrency Capital: The U.S. will become the global capital of cryptocurrency and the world's Bitcoin superpower.
Spirit of Bitcoin: Bitcoin represents freedom, sovereignty, and independence from government coercion and control.
End of the Anti-Cryptocurrency Movement: Assurance to the Bitcoin community that on the day of his inauguration, the anti-cryptocurrency movement by Biden and Harris will come to an end.
Market Reaction:
Republican Signals: After winning the election, Republican Senator Cynthia Lummis from Wyoming posted an important signal on Twitter, stating that the new government is ready to establish a U.S. Bitcoin strategic reserve, which stimulated Bitcoin to briefly reach a high of $76,400.
ETF Capital Inflows: This week, the inflow of funds into U.S. exchange-traded funds directly investing in Bitcoin also contributed to the rise of Bitcoin. Among them, the market leader BlackRock's fund has absorbed more than $2.4 billion in funds over the past week, bringing its total assets to over $30 billion.
Note: The above content is for reference only, and the actual implementation of policies and market reactions should be based on real situations. Among them, some opinions suggest that if Trump can fulfill his promise of 30%, it would already constitute a positive factor. In particular, the personnel adjustment part has a significant impact on whether cryptocurrencies like $SOL can be included in the ETF.
