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Donald Trump skips speech on cryptocurrency in inauguration address
It seems that the cryptocurrency field will have to wait as President Donald Trump did not mention this industry in his inaugural speech when he was sworn in as the 47th president of the United States. Mentions of Bitcoin or any awaited digital assets have never materialized, leaving many in the cryptocurrency field somewhat disappointed. Meanwhile, the market reacted to this event. For example, Bitcoin, which reached a new high of $109,000 earlier today, plummeted in the speech, dropping below $102,000. Traders and investors hope to see signs that the president will announce policies supportive of cryptocurrencies, but instead, he mainly talked about issues such as immigration, healthcare, and energy. A report from Aggr on X also shows that the priorities of the GOP for the upcoming term do not mention cryptocurrencies, raising questions about the future of the digital space under this new leadership. Trump's relationship with cryptocurrency has always been chaotic. In his first term, Trump opposed Bitcoin, criticized it, and labeled it as "air-based", stating that it would be detrimental to the US dollar. But since leaving office, all of his public actions tell a different story. Firstly, he launched his own NFT collection, using digital assets to fund campaigns and even proposed establishing a bitcoin reserve fund in the United States. These actions have raised hopes that his second term will bring about better cryptocurrency policies. Just 2 days before the inauguration, Trump launched his own meme coin TRUMP, witnessing a skyrocketing increase in value. For some, this is a sign that he is interested in this space. For others, it's just a marketing strategy. However, his failure to mention cryptocurrency in his speech has raised many questions about his actual stance on the industry. DYOR! #Write2Earn #Write&Earn $BTC {spot}(BTCUSDT)