Donald Trump’s explicit pledge to make the U.S. the “crypto capital of the world” at Davos has sparked bullish optimism among traders.
• The President also shared bullish forecasts for U.S. equities.
U.S. President Donald Trump delivered a series of remarks at the World Economic Forum in Davos that traders and crypto investors have interpreted as bullish.
The crypto-focused comments triggered celebration among some traders on prediction markets and social media, where bets tied to whether Trump would mention crypto paid out handsomely within hours of his speech.
Ahead of Trump’s appearance, at least one trader said they had wagered on the likelihood that the president would explicitly reference crypto or Bitcoin during his Davos remarks.
Trump’s wide-ranging address in Davos touched on everything from geopolitics to markets, but traders focused on remarks that signaled a continued push for digital assets.
The clearest signal for digital asset markets came when Trump directly addressed crypto policy, portraying his administration as a catalyst for regulatory clarity and growth.
He added that Congress was accelerating work on legislation covering crypto market structure and Bitcoin.
The remarks reinforced expectations among investors that a Trump administration would pursue a more permissive and pro-industry regulatory framework for digital assets.
Many traders on social media saw this as a signal that Trump would continue to prioritize market-friendly policies, including tax cuts and deregulation.