Trump at DAS 2025 disappoints the crypto market
Donald Trump spoke on March 20 at the Digital Asset Summit (DAS) 2025 in New York, marking a historic presence as the American president at this major event in the crypto industry.
In his speech, Trump reaffirmed:
“Crypto is the greatest revolution, and together we will make America the unquestioned superpower of bitcoin and the global capital of crypto.”
Statements that essentially reiterate his previous positions without offering any significant new developments.
Despite the enthusiasm generated by his presence, the market reacted with some disappointment in the hour following his address. Bitcoin shows a decrease of 1.32% over the last hour, while many investors were hoping for a more substantial announcement.
Some analysts even predicted on Twitter spectacular measures, such as a “0% capital gains tax on bitcoin and other crypto investments” to attract more capital to the United States, or clarifications on the purchase of bitcoin for U.S. strategic reserves.
These high expectations were not met, as the president stuck to already heard statements without detailing any new concrete initiatives.