This is the benefit of constantly paying attention to market trends. At 20:00, when Trump speaks, both Bitcoin and Ethereum plummet. The best method is to clear positions and adopt a wait-and-see attitude before 20:00. In this situation, it will either crash or surge. The influence of Trump in the cryptocurrency world is still on the rise $BTC $ETH

On August 5th, the cryptocurrency market is in a highly tense 'calm before the storm'. Former U.S. President Trump will guest on CNBC's flagship program 'Squawk Box' for a live interview at 20:00 Beijing time (8:00 AM Eastern Time). The interview will cover core topics such as the economy, employment, Federal Reserve policy, tariffs, and more, with industry insiders generally believing that his remarks could become a key lever to shift the cryptocurrency market pattern, and many investors are on high alert.
The deep connection between Trump’s economic policies and cryptocurrencies
Looking back at Trump's presidency, his economic policies, which were based on tax cuts, deregulation, and trade protectionism, have already left a deep mark on the cryptocurrency market. After the large-scale tax cut bill was enacted in the U.S. in 2017, disposable income for businesses and individuals significantly increased. Data shows that net inflows into the cryptocurrency market grew by about 37% year-on-year that year, and the prices of mainstream cryptocurrencies like Bitcoin experienced significant surges. The relaxed regulatory environment also created fertile ground for cryptocurrency companies, leading to a boom in blockchain startups, with some regions even introducing cryptocurrency-friendly policies, promoting rapid industry expansion.