Trump skipped cryptocurrencies in his speech before the Congress, implying that it is not a priority.

In the context of the crypto market receiving significant attention from investors and policymakers, President Donald Trump's speech before the Congress has gained much attention by not mentioning the cryptocurrency field - a topic he had previously publicly addressed. This viewpoint is clearly stated in the report of the Washington Research Group of TD Cowen's investment bank, led by Jaret Seiberg. Crypto Omission: The Hidden Message Behind the Speech According to Seiberg's analysis, if crypto is a personal priority for Trump, then this topic will surely be present in his speech. The absence of mention of cryptocurrencies is seen as "profound" compared to other topics that he has also ignored, such as real estate and banking, when considering the possibility that he has built a separate strategy for crypto. Moreover, Seiberg believes that this silence may carry political strategic implications. In the context where Republican members of Congress are seeking support from the Democratic Party to promote legislation on cryptocurrency stabilization (stablecoin), Trump's direct involvement could lead to unnecessary complications. This indicates that, although Trump had previously 'welcomed' the crypto community through speeches and social media, in the current political forum, he chooses to keep a distance from this topic. Strategy and Presentation Style Trump's 99-minute speech is considered "outstanding in terms of spectacle but lacking in substantive content." Many analysts believe that this speech is like a campaign rally, mainly aimed at reasserting the policies that Trump had emphasized during the campaign and the early weeks in office, rather than directly addressing the urgent issues of the people. Events Related to the Crypto World Although Trump did not mention crypto in his speech before Congress, he recently publicly released a list of five coins that he supports for a new "crypto reserve fund" aimed at making the U.S. the "Crypto Capital of the World." The list includes Bitcoin, Ethereum, XRP, Solana, and Cardano. Following his announcement, the crypto market witnessed a significant increase in the prices of these coins. In addition, the White House is also preparing to host the first Crypto Summit led by "crypto czar" David Sacks, promising the participation of top leaders such as Michael Saylor and Brian Armstrong. The event is expected to reveal more details about the United States' "crypto reserve", contributing to clarifying the Trump administration's strategy in the cryptocurrency field. Conclusion Trump's failure to mention cryptocurrencies in his speech before Congress is not only a shortcoming but also reflects a calculated political strategy. Faced with complex internal issues and policy conflicts, the exclusion of the crypto theme – despite its significant development potential – indicates that Trump may be prioritizing issues considered strategic focal points in the current political context. At the same time, this is also a way to avoid disrupting the process of building political alliances, especially when efforts to pass cryptocurrency regulation laws are actively taking place in Congress.