Trump's Davos Speech Summary: No Military Action Against Greenland, Reaffirms Support for Cryptocurrency Stance

On January 21, Trump delivered a speech in Davos, Switzerland, and the global markets once again experienced significant fluctuations influenced by his remarks. BlockBeats summarizes the key points of his speech as follows: · He stated he would not use force, and his only demand is Greenland, calling it “perhaps the most important statement I have made. Yesterday’s decline in the US stock market is nothing; the market will double.” Market analysis indicates that Trump’s remarks aim to reassure the US stock market that fell yesterday. Under the influence of this statement, both US stocks and cryptocurrencies indeed showed an “immediate” rebound. · Reaffirmed support for cryptocurrency. Trump said he is working to ensure the US maintains its position as the “global cryptocurrency capital” to unleash innovation in savings and financing. Currently, Congress is actively drafting legislation to structure the cryptocurrency market, covering various crypto assets including Bitcoin, and is expected to sign this bill soon, opening new development avenues for the American people. · An announcement of the new Federal Reserve Chair will be made soon (who it is), and he will be “a highly respected man.” At the same time, Trump also expressed concerns that the new Fed Chair might face “betrayal,” stating, “Once in office, people will change their behavior. To some extent, it is a form of betrayal, but they must do what they believe is right.”