Trump's Davos Speech Summary: No Military Action Against Greenland, Reaffirms Support for Cryptocurrency

BTC-1,34%

BlockBeats News, January 21 — Trump delivered a speech in Davos, Switzerland tonight, causing significant fluctuations in global markets once again influenced by his remarks. BlockBeats summarizes the key points of his speech as follows:

· Stated he will not use force, only seeking Greenland, and said, “This may be the most important statement I’ve made. Yesterday’s decline in the US stock market is nothing; the market will double.” Market analysis indicates that Trump’s statement aims to reassure the US stock market that fell yesterday. Under the influence of this statement, both US stocks and cryptocurrencies indeed experienced an “immediate” rebound.

· Reaffirmed support for cryptocurrencies. Trump stated he is working to ensure the United States maintains its position as the “global cryptocurrency capital,” to unleash innovation in savings and financing sectors. Currently, Congress is actively drafting legislation to structure the cryptocurrency market, covering various crypto assets including Bitcoin, and is expected to sign this bill soon, opening new development avenues for the American people.

· An announcement of the new Federal Reserve Chair will be made soon (who is it?), he will be “a highly respected man.” At the same time, Trump also expressed concerns that the new Federal Reserve Chair may face “betrayal,” saying, “Once in office, people will change their behavior. To some extent, it’s a betrayal, but they must do what they believe is right.”

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