The “Crypto Tzar” Donald TrumpDavid Sachs has planned a press conference on Tuesday to present plans in which Bitcoin was involved in the new US government.
According to information released by the profile in the X from Bitcoin MagazineSachs must present plans to ensure that the United States are the new market leaders of cryptocurrency in the world.
“Latest news: Donald Trump’s Cryptocurrency Tsar David Sacks will hold a press conference tomorrow to discuss how” protect America as a leader in the digital assets ecosystem. “
The announcement takes place after the recent commercial tensions that the world has shaken in recent days and that caused it Larger arrangement in the history of cryptocurrencies.
What should the Trump government be new in the Bitcoin market?
After making a Defi project, launch NFTS and even a memecoin, Donald Trump shows that he has walked through different paths of cryptocurrencies.
In the past year he even made the first public payment with bitcoin And he was favorable for the theme in his entire election campaign until he was chosen as president for a second term.
Now the market is waiting for what your government has to offer in the cryptocurrency market, such as tax stimuli, greater support for Bitcoin -Mybouw, among other things.
If Trump announces very positive measures, it seems that the recent decline in Bitcoin will be in the past, because investors can become enthusiastic again and the more expensive.
However, the market also awaits with some caution, because an announcement below can lead to new falls.
Can Bitcoin price fire?
Remember that some of the influence of Trump has for the first time raised the price of Bitcoin to $ 100,000.
So if good news comes in a different optimistic tone and confirms that the US will open the boundaries for cryptocurrencies, Bitcoin in particular must have great appreciation.
Trust in the performance of the digital currency, Robert Kiyosaki gave an all-in on Bitcoin And he said publicly that he sold all his gold and silver on the market.
Moreover, A Brazilian trader indicated that the moment of Bitcoin It can have two realities, a realistic where the price goes to $ 500,000, and another optimistic, where the minimum should reach $ 800,000.
The high institutional adoption of Bitcoin has also grown after the arrival of Trump in power, which shows that the prize has a tendency to rise in the coming months.
Source: Live Coins

Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.