Trump’s Victory Speech Ignites Markets: Did He Mention Bitcoin?

Andras Crow-Hreidar
By Andras Crow-Hreidar Add a Comment
3 Min Read

As unofficial results indicate Donald Trump leading in the U.S. presidential race, the former president took the stage in West Palm Beach to declare victory. Addressing an enthusiastic crowd, Trump called it “a night of historic significance for the American people,” suggesting a bold vision for the nation’s future. In his speech, he described the upcoming years as a new “golden age” for the United States, with strong implications for the direction of the country.

Trump's Victory Speech Ignites Markets: Did He Mention Bitcoin? = The Bit Journal

Trump’s First Victory Speech as President-Elect

As Trump took the lead, crypto markets reacted positively on Tuesday night, with Bitcoin reaching a record high of $75,000 following NBC News Decision Desk’s projections for Trump. Throughout his campaign, Trump positioned himself as a pro-crypto candidate, pledging to create a strategic national crypto reserve if elected. Now, as he leads unofficially, he has delivered his initial remarks as the likely incoming president.

Starting his speech with gratitude, Trump said, “Thank you for electing me as the 47th President of the United States. This is going to be America’s golden era.” He emphasized his appreciation for the American people, expressing that the victory belongs to them and that he is committed to fighting for every citizen. He also highlighted the regained control of the Senate, stating, “I will work for every American.”

Trump's Victory Speech Ignites Markets: Did He Mention Bitcoin? = The Bit Journal

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Acknowledgment of Elon Musk and Overcoming Adversity

In his speech, Trump touched on the nation’s “healing” and acknowledged Elon Musk as one of the country’s most valuable figures. “We have a new star: Elon Musk. Musk is one of the most important people in this country,” he stated, underscoring Musk’s contributions to the American economy and technology. Trump also mentioned a past assassination attempt, saying that he believes God saved his life, giving him another chance to fulfill his promises to the American people.

Bitcoin’s Absence from Trump’s Speech

Despite Trump’s well-known support for Bitcoin, his victory speech made no reference to the cryptocurrency. However, the crypto market saw some movement following his address. Bitcoin recently tested a new all-time high of $75,000 but pulled back slightly after Trump’s remarks. The Bit Journal notes that while Trump refrained from discussing Bitcoin directly, the market’s reaction highlighted the influence of his win on investor sentiment.

As Trump moves closer to an official victory, crypto enthusiasts and investors remain hopeful for a favorable shift in the U.S. regulatory landscape.

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Disclaimer

The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.

You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.

Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.

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Editorial Director Hi there, my name is András and I'm a business and finance journalist living in Norway. My passion lies in uncovering the latest stories in the world of finance and delivering them to my readers in a way that's clear and engaging. I cover a wide range of topics in the finance world, including cryptocurrencies, which I believe have the potential to transform the way we interact with money and financial systems.As a journalist, I'm committed to providing my readers with accurate and reliable reporting. I believe that access to high-quality information is essential for making informed decisions, whether it's about personal finances or investments. When I'm not writing about finance, I enjoy a variety of hobbies and interests.
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