What To Remember From Trump's Speech At The DAS 2025
The American president Donald Trump delivered a highly anticipated speech at the Digital Asset Summit in New York, reiterating his vision of making America the global capital of cryptocurrency. His intervention does not seem to have met expectations, causing a slight immediate drop in prices.
Trump at DAS 2025 disappoints the crypto market
Donald Trump spoke on March 20 at the Digital Asset Summit (DAS) 2025 in New York, marking a historic presence as the American president at this major event in the crypto industry.
In his speech, Trump reaffirmed:
“Crypto is the greatest revolution, and together we will make America the unquestioned superpower of bitcoin and the global capital of crypto.”
Statements that essentially reiterate his previous positions without offering any significant new developments.
Despite the enthusiasm generated by his presence, the market reacted with some disappointment in the hour following his address. Bitcoin shows a decrease of 1.32% over the last hour, while many investors were hoping for a more substantial announcement.
Some analysts even predicted on Twitter spectacular measures, such as a “0% capital gains tax on bitcoin and other crypto investments” to attract more capital to the United States, or clarifications on the purchase of bitcoin for U.S. strategic reserves.
These high expectations were not met, as the president stuck to already heard statements without detailing any new concrete initiatives.
A market that remains resilient despite everything
Paradoxically, despite this immediate disappointment, the overall cryptocurrency market continues to show a positive trend over 24 hours. According to the current data from CoinMarketCap, the total market capitalization of crypto stands at $2.8 trillion, up 0.69% for the day.
Bitcoin, which had fallen all week while trading under $80,000, is now holding around $85,052 with a 0.36% increase over 24 hours, thus offsetting the drop of the last hour. Ethereum has also regained the $1,900 threshold after spending several days under $1,800.
This resilience is all the more remarkable as it occurs in a context where the U.S. Federal Reserve has just maintained its key interest rates between 4.25% and 4.50%, a decision that could have dampened investor enthusiasm.
The DAS 2025 brought together influential figures from the sector, including Michael Saylor, CEO of Strategy, Brad Garlinghouse, CEO of Ripple, as well as lawmakers such as Representatives Ro Khanna and Tom Emmer.
Although the speech was not as revolutionary as some had hoped, the mere presence of the president at this event nonetheless confirms the importance that the Trump administration places on digital assets in its national economic strategy.
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Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.