Trump's Davos speech signals positive news; the crypto market responds with a rebound

【Blockchain Rhythm】Breaking news from Davos. During his speech on the evening of the 21st local time, Trump sent several signals, and the global markets indeed responded immediately.

Starting with the most direct one—the Greenland. Trump explicitly stated that he would not resort to military force, and his goal is this island, emphasizing “this may be the most important statement I have made.” The implication is to stabilize market sentiment. Yesterday, the US stock market fell, but after his statement, the stock market quickly rebounded. Market analysts interpret this as an effort to soothe investor emotions, and the effect was evidently good—cryptocurrency markets also followed with a rebound.

Regarding cryptocurrencies, Trump’s stance is even clearer. He said he is working to make the US the “global cryptocurrency capital,” aiming to unleash savings and financing potential through innovation. Congress is also accelerating the legislative process for market structure, with Bitcoin and other crypto assets included in the scope of consideration. According to him, this bill will be signed soon, opening a new development phase for the US.

Another point worth noting is the Federal Reserve. Trump revealed that he will soon announce his choice for the new Federal Reserve Chair, emphasizing that the candidate is a “respected person.” But he also admitted some concerns—once in office, this chair’s actions might deviate from his expectations. In his own words, “Once people come to power, they change their attitude, which is somewhat a betrayal.” Although he understands that the other party will act based on their own judgment, this uncertainty clearly makes him somewhat cautious.

Overall, Trump’s support for cryptocurrencies remains unchanged, and the market’s reaction is straightforward—policy favorable signals drive the rebound.