Is Donald Trump Protecting Bitcoin from Falling Tech Stocks?

in crypto •  5 months ago 


Image Source - Wikimedia

Donald Trump is not speaking at the big Stock Market Conference this week. Investors are not waiting to hear his thoughts on Nvidia. There are no rumors about a Nasdaq-100 strategic reserve being announced.

However, Trump is speaking at the Bitcoin Conference this week. Bitcoin fans are excited to hear what he might say in his speech on Saturday. There are rumors that he might announce a Bitcoin strategic reserve.

Without any other big news, Trump seems to be protecting Bitcoin from the ups and downs of tech stocks. He might be aiming for the U.S. presidency again, and some people think he could be called Bitcoin's "decoupler-in-chief."

No matter what happens on Saturday, Trump's speech could be a "sell the event" moment, as some market analysts predict. Trump could say anything about Bitcoin, and it’s hard to know what he will claim. But one thing is certain: his words will have a big impact on the crypto market.

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