$BTC 普 This congressional speech did not mention the cryptocurrency industry, but the market was still shaken, after all, whenever he speaks, both bulls and bears have to sweat.
Last night's market volatility was mainly because the market brought forward its interest rate cut expectations to May, and in the middle of the night, the crypto market also reacted with ups and downs.
Summary of Trump's Speech:
1. Bragging Opening: America is back. Trump started by saying, 'America is back,' claiming that in just six weeks of his presidency, he accomplished things that others could not do in four or eight years. He referred to this period as 'the greatest and most successful time in American history,' full of confidence.
2. Economic Focus: Saving the Grocery Basket: He prioritized saving the economy, stating that he would relieve the burden on working families. He pointed to the 'economic disaster' and 'inflation nightmare' left by the previous administration, such as soaring energy and grocery prices, which made many people unable to afford basic necessities. He promised to address these 'grocery basket issues' immediately.
3. Tough Stance on Immigration: He demanded that illegal immigrants who steal or commit violent crimes should be arrested. He cited the case of a girl in Georgia who was killed by an illegal immigrant (her family was invited to the event), emphasizing that border arrests reached a 25-year low since he took office and that he would continue to crack down hard.
4. Addressing Opponents: Let's work together. At the end of his speech, he surprisingly called out to the Democrats, saying, 'Let's celebrate America's victory together tonight,' hoping both sides would cooperate to 'make America great again.'
This speech had a very 'Trump-style' tone—first bragging about accomplishments, then shifting blame to predecessors, and finally focusing on economic and immigration issues to attract supporters.