Trump Silent on Bitcoin as Price Hovers Near $87K

Former U.S. President Donald Trump, in a recent speech on C-SPAN, did not mention Bitcoin or any other cryptocurrencies. This comes at a time when the price of Bitcoin (BTC) is hovering around $86,994.60.

Trump's speech focused on various political and economic issues, but the absence of any reference to cryptocurrencies is notable, given the increasing interest and investment in digital assets. This silence contrasts with the growing recognition of cryptocurrencies by other world leaders and financial institutions.

The price of Bitcoin has been volatile in recent months, with a significant rally in late 2020 and early 2021, followed by a correction in May 2021. Despite this volatility, Bitcoin has maintained its status as the largest cryptocurrency by market capitalization.

Meanwhile, other cryptocurrencies, such as Ethereum (ETH) and Cardano (ADA), have also seen significant growth and investment. The total market capitalization of the cryptocurrency sector has surpassed $2 trillion, reflecting the growing interest and confidence in digital assets.

The lack of mention by Trump may indicate a lack of engagement with the cryptocurrency sector, or it could be a strategic decision to avoid discussing a topic that is still controversial among some political circles. However, the growing acceptance and investment in cryptocurrencies by other world leaders and financial institutions suggest that the sector is here to stay.