Although Trump may endorse or speak positively about Bitcoin (which is curious because he has historically criticized it) and say that he will make the U.S. the capital of cryptocurrencies, it is not necessarily a factor that all investors consider relevant. Many people may not associate it with a deep understanding of the technology or the fundamentals of cryptocurrencies.
The Bitcoin market is complex and multifactorial. Although a public statement may generate attention, the price depends more on the interaction between supply, demand, macroeconomic conditions, and the actual adoption of the technology.
With that, we realize that the philosophy of Bitcoin has remained true to its principles.
