On May 28, 2025, U.S. Vice President JD Vance delivered a groundbreaking keynote at the Bitcoin 2025 conference in Las Vegas, becoming the first sitting vice president to publicly endorse Bitcoin. His speech highlighted the Trump administration commitment to fostering a pro crypto environment emphasizing Bitcoin as a safeguard against inflation and centralized financial control.

Vance criticized the previous administration's regulatory stance and advocated for clearer regulations to retain the \$3 trillion crypto industry within the U.S.

Despite the high profile endorsement Bitcoin price experienced a 2.2% decline in the 24 hours following the conference dropping to \$107,800.
Other major cryptocurrencies, including Ethereum and XRP, also saw declines.
Analysts suggest that while the speech was a significant political milestone, it did not immediately translate into bullish market sentiment. Factors such as broader market conditions and investor caution may have contributed to the muted reaction.

In the short term, the market may require additional catalysts, such as concrete legislative actions or institutional investments to sustain upward momentum. However Vance speech has undeniably positioned the U.S. as a leader in crypto innovation potentially influencing long term market dynamics.
#Bitcoin 2025 Conference Opens#