Although this congressional speech by #特朗普国会演讲 did not mention the cryptocurrency industry, the market still trembled in fear, as he tends to make both bulls and bears sweat when he speaks.
Last night's market saw significant fluctuations, primarily because the market has brought forward expectations of interest rate cuts to May. An excited midnight caused the crypto market to jump up and down as well.
Summary of Trump's speech:
1. Boastful opening: America is back. Trump opened with "America is back," claiming that in his first six weeks he accomplished what others could not do in four or eight years. He referred to this period as "the greatest and most successful era in American history," full of confidence.
2. Economic card - saving the grocery basket: He prioritized saving the economy, stating that he wants to relieve the burden on working families. He pointed directly at the "economic disaster" and "inflation nightmare" left by the previous administration, such as soaring energy and grocery prices that have made things unaffordable for many. He promised to resolve these "grocery basket issues" immediately.
3. Tough stance on immigration: He demanded that illegal immigrants who steal or commit violent crimes must be caught. He cited the case of a girl in Georgia who was killed by an illegal immigrant (her family was also invited to the scene), emphasizing that under his administration, border arrests dropped to a 25-year low and that a crackdown must continue.
4. A call to opponents: Let's work together. At the end of the speech, he even called out to the Democrats, saying, "Let's celebrate America's victories together tonight," hoping for cooperation to "make America great again."
This speech was very "Trump-style" - first boasting about achievements, then shifting blame to predecessors, and finally focusing on economic and immigration issues to attract supporters.