{"id":920462,"date":"2026-07-17T02:16:22","date_gmt":"2026-07-17T07:16:22","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/17\/bitcoin-ethereum-and-xrp-prices-fall-after-trumps-speech-today\/"},"modified":"2026-07-17T02:16:22","modified_gmt":"2026-07-17T07:16:22","slug":"bitcoin-ethereum-and-xrp-prices-fall-after-trumps-speech-today","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/17\/bitcoin-ethereum-and-xrp-prices-fall-after-trumps-speech-today\/","title":{"rendered":"Bitcoin, Ethereum and XRP Prices Fall After Trump\u2019s Speech Today"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div role=\"main\" id=\"main-content-row\">\n<article id=\"the-post\" data-post-url=\"https:\/\/coinpedia.org\/news\/bitcoin-ethereum-and-xrp-prices-fall-after-trumps-speech-today\/\" data-post-title=\"Bitcoin, Ethereum and XRP Prices Fall After Trump\u2019s Speech Today\" data-post-edit=\"https:\/\/coinpedia.org\/wp-admin\/post.php?post=574822&#038;action=edit\">\n<div>\n<figure><img title=\"bitcoins\" onerror=\"this.onerror=null;this.removeAttribute('srcset');this.removeAttribute('sizes');this.removeAttribute('data-srcset');this.removeAttribute('data-sizes');this.src='https:\/\/image.coinpedia.org\/wp-content\/uploads\/2025\/05\/31122324\/crypto-news.webp';\" width=\"1200\" height=\"628\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2025\/08\/11200143\/Trumps-Truth-Social-Pushes-for-Bitcoin-ETF-%E2%80%94-Bring-Crypto-to-Millions.webp\" alt=\"bitcoins Trump\u2019s Truth Social Pushes for Bitcoin ETF \u2014 Bring Crypto to Millions\" data-main-img=\"1\" decoding=\"async\" fetchpriority=\"high\"  ><\/figure>\n<\/div>\n<div>\n<p>President Trump delivered a primetime address to the nation on July 16, 2026, mixing an economic progress report with a lengthy, controversial announcement about declassified intelligence tied to elections.<\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=iIlqG0untYM\" rel=\"nofollow\">Trump opened by touting<\/a> economic gains under his administration. \u201cOur country is safer, stronger, and far wealthier than it has ever been before,\u201d he said, contrasting it with what he called \u201cthe worst inflation in 48 years\u201d at the start of his term.<\/p>\n<p>He cited a recent inflation reading: \u201cThis week it was announced that inflation saw the largest monthly decline in more than 6 years.\u201d He also pointed to stock market highs, tax provisions in his \u201cBig Beautiful Bill\u201d eliminating taxes on tips, overtime, and Social Security, and a drug pricing initiative he calls \u201cMost Favored Nations.\u201d \u201cDrug prices are coming down by 70, 80, and 90%,\u201d he said.<\/p>\n<p><strong>Declassifying Election Intelligence<\/strong><\/p>\n<div>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=coinpedia.org\" target=\"_blank\" rel=\"noopener nofollow\"><img title=\"bitcoins\" alt=\"bitcoins Add Coinpedia as a trusted source in Google News\" loading=\"lazy\" decoding=\"async\" data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\" src=\"https:\/\/image.coinpedia.org\/static\/common\/trusted-google-coinpedia.webp\"><\/a><\/p>\n<\/div>\n<p>The core of the speech centered on a set of documents Trump said his administration would begin releasing that night. \u201cI\u2019m announcing the immediate declassification and release of critical intelligence revealing shocking vulnerabilities in our election infrastructure,\u201d he said.<\/p>\n<p>Trump claimed the documents show China \u201ccarried out what is believed to be the largest compromise of election data in history,\u201d alleging the country acquired 220 million U.S. voter files. He also alleged that intelligence officials suppressed this information from him and Congress, saying one internal email described efforts to \u201cdeliberately massage daily briefings to withhold Chinese briefings regarding the election.\u201d<\/p>\n<p>This claim arrives after federal investigators previously concluded foreign interference had no practical impact on the 2020 election\u2019s outcome, and numerous state audits found no evidence supporting the broader fraud claims Trump has made since his 2020 loss.<\/p>\n<p>Trump also referenced a Department of Homeland Security review he said identified \u201capproximately 278,000 noncitizens who are registered to vote in federal elections,\u201d and alleged a fraudulent voter registration operation in Michigan tied to a 2020 FBI investigation.<\/p>\n<p><strong>Targeting the Media<\/strong><\/p>\n<p>Trump criticized NBC and ABC for declining to air the speech. \u201cIn a rare move, NBC and ABC fake news have both said that they would not cover this speech,\u201d he said, adding, \u201cFraud like this should mean a revocation of their licenses.\u201d<\/p>\n<p><strong>The Push for the Save America Act<\/strong><\/p>\n<p>Trump closed by calling on Congress to pass the Save America Act, which would require photo voter ID and proof of citizenship for voter registration, and would largely eliminate mail-in ballots except for cases involving illness, disability, military deployment, or travel.<\/p>\n<p>\u201cThis landmark bill requires all voters must show a photo voter ID,\u201d he said, urging Americans to \u201cpick up your phone tomorrow, call your representatives in the House and Senate, and demand they pass the Save America Act without delay.\u201d<\/p>\n<p><strong>Crypto Markets Slip During the Speech<\/strong><\/p>\n<p>The crypto market pulled back, with total market capitalization falling 1.41% to $2.19 trillion. Bitcoin held relatively steady near $63,450, down 1.95% on the day, while altcoins took a harder hit. Ethereum slipped toward $1,848, XRP fell to $1.08, and Solana dropped to $75, each down roughly 2% to 3%. The Fear and Greed Index sat at 33, still in \u201cFear\u201d territory, with the Altcoin Season Index at 52 out of 100.<\/p>\n<\/div>\n<section>\n<div>\n<h3>Was this writing helpful?<\/h3>\n<ul data-post-id=\"574822\">\n<li> <\/li>\n<li> <\/li>\n<\/ul>\n<\/div>\n<p>Story Ends Here<\/p>\n<div>\n<h3>Trust with CoinPedia:<\/h3>\n<p>CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto &#038; blockchain, right from startups to industry majors.<\/p>\n<h3>Investment Disclaimer:<\/h3>\n<p>All opinions and insights shared represent the author&#8217;s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.<\/p>\n<h3>Sponsored and Advertisements:<\/h3>\n<p>Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.<\/p>\n<\/div>\n<p>Read the Next News<\/p>\n<\/section>\n<\/div>\n<p> \ufeffAnjali Belgaumkar <a href=\"https:\/\/coinpedia.org\/news\/bitcoin-ethereum-and-xrp-prices-fall-after-trumps-speech-today\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Trump delivered a primetime address to the nation on July 16, 2026, mixing an economic progress report with a lengthy, controversial announcement about declassified intelligence tied to elections. Trump opened by touting economic gains under his administration. \u201cOur country is safer, stronger, and far wealthier than it has ever been before,\u201d he said, contrasting<\/p>\n","protected":false},"author":1,"featured_media":920463,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,25740],"tags":[11476],"class_list":["post-920462","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","category-ethereum","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/920462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=920462"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/920462\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/920463"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=920462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=920462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=920462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}