Jakarta, Pintu News – US President Donald Trump made a number of statements at the World Economic Forum in Davos that crypto traders and investors considered bullish.
Trump’s crypto-related comments sparked excitement among some traders in prediction markets and social media, where bets on whether Trump would mention crypto made huge profits within hours of his speech.
Ahead of Trump’s appearance, at least one trader claimed to have placed bets on the possibility that the President would explicitly mention crypto or Bitcoin (BTC) in his Davos speech.
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“Literally this morning, personally, I shared the idea of betting that Trump will mention ‘crypto’ or ‘Bitcoin’ in his Davos speech,” the trader wrote on X.
“The chance is only 15%. I took it at the lowest price.”
“At a moment like this, it’s just wishful thinking to bet more. Second bet on Polymarket, second win,” he added, with the betting result reaching 566%.
Trump’s speech covering a wide range of topics at Davos, from geopolitics to markets, was a highlight for traders who focused on statements that indicated continued support for digital assets.
The clearest signal for digital asset markets came when Trump directly addressed crypto policy, portraying his administration as driving regulatory clarity and industry growth.
“I’m also working to make sure America remains the crypto capital of the world,” Trump said in Davos.
“To that end, last year I signed into law the historic GENIUS Act.”
He added that Congress is accelerating its legislative work on the structure of the crypto and Bitcoin markets.
“Now Congress is hard at work on legislation structuring crypto markets, Bitcoin, everything, that I hope to sign soon – opening a new path for Americans to achieve financial freedom,” he said.
The statement reinforced expectations among investors that the Trump administration will push for a more open and supportive regulatory framework for the digital asset industry.
Trump also struck an aggressively optimistic tone towards financial markets in general, shrugging off the recent volatility and predicting a big surge.
“We have a tremendous future in that stock market,” Trump said.
“We will hit 50,000 and the stock market will double in a relatively short period of time.”
Many traders on social media took this as a signal that Trump will continue to prioritize market-friendly policies, including tax cuts and deregulation.
Trump also highlighted investment commitments which he described as an unprecedented achievement under his administration.
“We have secured a record $18 trillion worth of investment commitments,” he said, and then reiterated that “$18 trillion has been invested.”
However, Trump has made similar claims before, and independent verification of the figures is limited.
The BBC reports that the US has attracted $17 trillion worth of investment, a figure that has not been publicly proven. The White House website last updated in November, which tracks “new investment in US manufacturing, technology and infrastructure,” recorded total investment of $9.6 trillion.
Greg Auclair, a statistician with the Peterson Institute for International Economics, told BBC Verify that the White House tracker “includes investment promises that may not be realized.”
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