In his speech at the Bitcoin 2024 conference, Donald Trump stated that the US will be the crypto capital of the world and the Bitcoin superpower. Criticizing the SEC's harsh stance against crypto, Trump said that when he becomes president, he will dismiss Gary Gensler and Bitcoin will go to the moon. Stating that he believes that Bitcoin is no longer a threat to the dollar, Trump emphasized that they will establish a strategic national Bitcoin reserve and continue to hold Bitcoins in their hands. He also stated that Bitcoin will rise like never before.
At the time of writing, Bitcoin (BTC) is trading at $69,760 and Ethereum (ETH) is trading at $3,356.
The fear and greed index is at the greed level with “63”.
Important developments for the day:
Dash (DASH): “Evolution Genesis” will be implemented.
