Republican presidential candidate Donald Trump will speak at the Bitcoin 2024 conference in Nashville, Tennessee, on July 27.
Organizers of the event also said that Trump has expressed his support for the U.S. Bitcoin sector in May 2024, advocating for financial freedom and advancing the industry on the world stage.
Trump, who is campaigning against Democratic presidential candidate Joe Biden in the upcoming U.S. election in November, portrayed himself as a supporter of cryptocurrencies at a San Francisco fundraiser in June, criticizing Democratic efforts to regulate the industry.
The cryptocurrency sector is increasingly seeking to influence U.S. policymakers as it faces increased scrutiny from regulators such as the Securities and Exchange Commission (SEC).
In addition, Trump recently expressed a desire for all remaining Bitcoin tokens to be produced in the US.
Bitcoin is once again mirroring global liquidity trends—and that could have major implications in the days ahead.
The final days of July could bring critical developments that reshape investor sentiment and influence the next leg of the crypto market’s trend.
The crypto market is showing signs of cautious optimism. While prices remain elevated, sentiment indicators and trading activity suggest investors are stepping back to reassess risks rather than diving in further.
Citigroup analysts say the key to Bitcoin’s future isn’t mining cycles or halving math—it’s ETF inflows.