- Trump avoided mentioning Bitcoin or crypto despite past promises to support digital asset innovation.
- Markets slipped during the speech, with Bitcoin near $86,400 and altcoins posting mild losses.
- Inflation, wages, housing costs, and border security dominated the 18-minute address
President Donald Trump addressed the nation in an 18-minute White House speech that focused heavily on inflation, jobs, borders, and trade, but made no mention of Bitcoin or cryptocurrencies.
The silence stood out for markets, especially given Trump’s past comments about making the United States a global leader in crypto innovation.
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Trump Ignores Crypto in National Address, Focuses on Inflation as Bitcoin Dips
Crypto traders had been watching closely for any signal on digital assets, but the address stayed firmly centered on traditional economic themes.
While the speech focused on macroeconomic progress, crypto markets moved lower. Bitcoin traded near $86,400, while Ethereum hovered around $2,830. XRP, Solana, Cardano, and other tokens also saw mild declines.
Why the Crypto Snub?
Market participants were not entirely surprised. One commentator said that Trump usually discusses crypto in interviews, campaign stops, or targeted remarks rather than formal national addresses.
His last major crypto reference, tied to a potential Bitcoin reserve, came earlier in the year, with little follow-up since.
Inflation and Affordability Take Center Stage
Instead, Trump used the address to attack the previous administration’s handling of inflation. He said price pressures were the worst in decades when he took office and argued that everyday costs had made life unaffordable for millions of Americans.
He pointed to falling prices in areas like groceries, fuel, and holiday staples as evidence that his economic policies were beginning to work. Trump also stressed job growth and wage gains, claiming that all net job creation since he took office has come from the private sector. He said wages are now rising faster than inflation, calling it a key turning point for household finances.
Trump said mortgage costs are already falling and promised aggressive housing reforms aimed at bringing prices down further. He also said that he has attracted $18 trillion in investments and added,
Macro Over Crypto, For Now
Trump’s address made one thing clear: for now, the administration’s public messaging is centered on inflation control, jobs, trade, and interest rates, not digital assets.
For crypto investors, the speech offered no new signals, leaving markets to focus instead on central bank policy, liquidity, and global macro trends in the days ahead.
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Source: https://coinedition.com/trumps-address-brings-inflation-talk-skips-crypto-clarity/
