US President Donald Trump has delivered a long -awaited speech to the Digital Asset Summit in New York, reiterating his vision of a world capital of cryptocurrencies. His intervention does not seem to have met expectations, causing a slight immediate drop in prices.
Trump at DAS 2025 disappoints the Crypto market
Donald Trump spoke this March 20 at Digital Asset Summit (DAS) 2025 in New York, marking a historic presence as American president at this major event in the Crypto industry.
In his speech, Trump reaffirmed:
“The crypto is the greatest revolution and together, we will make America the undisputed superpower of Bitcoin and the world capital of the crypto. »»
These statements mainly resume its previous positions without providing significant new products, a scheme that is repeated to each of its interventions on the subject.
Despite the enthusiasm aroused by its presence, the market reacted with a certain disappointment in the hour according to its speech. Bitcoin has a 1.32% drop in the last hour, while many investors hoped for a more substantial announcement.
Some analysts even had predice On Twitter spectacular measures, such as a “0% capital gains tax on Bitcoin and other crypto investments” to attract more capital in the United States, or clarifications on the purchase of Bitcoin for American strategic reserves.
These high expectations have not been met, the president standing for declarations already heard without detailing new concrete initiatives.
A market that remains resilient despite everything
Paradoxically, despite this immediate disappointment, the global cryptocurrency market continues to display a positive trend over 24 hours. According to data Current CoinmarketCap, the total capitalization of the Crypto market amounts to 2.8 billions of dollars, up 0.69% during the day.
Bitcoin, which had dropped all week by playing under the $ 80,000, now maintains a course around 85,052 dollars with an increase of 0.36% over 24 hours, thus compensating for the drop in the last hour. Ethereum also returned to the threshold of $ 1,900 after spending several days under the $ 1,800.
This resilience is all the more remarkable because it intervenes in a context where the American federal reserve has just maintained its guiding rates between 4.25% and 4.50%, a decision that could have slowed the enthusiasm of investors.
The DAS 2025 gathered influential personalities from the sector, including Michael Saylor, CEO of Strategy, Brad Garlinghouse, CEO of Ripple, as well as legislators such as representatives Ro Khanna and Tom Emmer.
Although the discourse was not as revolutionary as some hoped for it, the simple presence of the president at this event nevertheless confirms the importance that the Trump administration gives to digital assets in its national economic strategy.
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