Bitcoin breaks through 69,000! What did Trump say at the conference? What are the key points to watch this week?
Gua Ge summarized the key points of Trump's speech at the conference:
1. Opening attack on rival Harris
2. BTC's market value will exceed gold
3. My family is smart, you are all smart
4. Bitcoin will go to the moon and make the United States a BTC superpower
5. Bitcoin represents freedom, sovereignty, and independence from government coercion and control
6. After being elected, SEC Chairman Gary Gensler will step down
7. The Democratic Party opposes cryptocurrency, and Senator Elizabeth Warren is very bad
8. Will appoint a presidential advisory committee on Bitcoin and cryptocurrency, and will not support CBDC
9. Trump also praised the development of stablecoins and support for Bitcoin mining in the United States.
10. "Bitcoin does not threaten the US dollar, the current US government is a threat to the US dollar. The threat to the US dollar does not come from cryptocurrency, but from Washington, DC."
11. If elected president, Bitcoin cryptocurrency will soar unprecedentedly
12. The US government should not sell BTC, but should use the existing BTC as a strategic reserve
13. Trump reiterated his promise to pardon Silk Road founder Ross Ulbricht if elected.
14. At the end of his speech, Trump said, "My promise to each of you is that I will be the pro-innovation and pro-Bitcoin president that America needs and that our citizens deserve."
What volatility risks should be noted this week?
1. Federal Reserve Central Bank Interest Rate Decision Meeting The Federal Reserve will hold an FOMC meeting on July 31 local time. Although the market generally expects the Federal Reserve to remain on hold this week, many people may pay attention to Powell's post-meeting talks to see whether he will support the expectation of a rate cut in September.
2. Technology giants release financial reports The U.S. stock market will see more financial reports from important companies this week, including Microsoft, Apple, Amazon, and Meta from the "Seven Giants of the U.S. Stock Market".
Calculated in Eastern Time, Microsoft will first release its financial report on Tuesday, Meta on Wednesday, followed by Apple and Amazon after the market on Thursday.
Under the influence of possible large fluctuations in U.S. stocks, Bitcoin may also be turbulent, and everyone needs to pay attention to risks.
