Trump’s speech at Davos provides minor boost to cryptocurrency enthusiasm

Trump’s address at Davos sparked a slight uptick in crypto interest despite prevailing market pressures.

Currently, Bitcoin is priced at 88,200 USD (-3%), Ethereum at 2,905 USD (-6%), Solana at 127 USD (-2%), and XRP at 1.88 USD (-2%). Significant liquidations have occurred in response to Bitcoin’s drop.

Delaware Life has incorporated Bitcoin into its financial products, and Coinbase’s CEO advocates for clearer regulation, while the CFTC indicates it is under-resourced for expanded oversight.