Bitcoin (BTC) price volatility boomed as former U.S. President Donald Trump's speech at Bitcoin 2024 in Nashville. Trump unveiled plans to make a "strategic national bitcoin stockpile" if elected, which was in line with the market expectations heading into the speech. Read more here
I think the speech will do more favor for the entire crypto landscape even more than the halving events
@tituskrit Yes, a lot of people follow Trump blindly and will start to invest in BTC. I expect the price to hit $100k until the end of the year 🥂
Hungry for knowledge ๐ง
You guys are right - what this will do is start a rally on BTC which will push the price up. I have no faith that Trump will follow through with the special "stockpile" if he is elected but for now at least it is good news for the crypto world.
Trump's speech at the Bitcoin Conference in Nashville has reinvigorated crypto. His sentiment to create a "strategic national bitcoin stockpile" will be one to watch out for. My understanding that would be like when the dollar was pegged to gold but now the dollar will be pegged to bitcoin. Interesting times ahead if he wins