The 45th president of the United States caused some minor ripples throughout the cryptocurrency market with his speech at Bitcoin 2024.
Donald Trump’s keynote speech at the Bitcoin 2024 conference in Nashville, Tennessee didn’t act as the whale call some analysts may have predicted, but its impact may yet be felt as word gets out.
The former president laid out his plans to end the war on crypto to thunderous applause as he told the US audience his plans, were he to be re-elected. While the crowd was jazzed, the markets failed to capture the Republican nominee’s supporters’ anticipation.
Approximately one hour before Trump was scheduled to take the stage, the price of Bitcoin stood at $68,626. Leading up to the event, with just 30 minutes to go, we saw a jump of nearly $500 in the positive direction but, by the time the speech was slated to start, it had retreated back to $68,286.
