Weekly Media Recap #52
BTCP Staff
- 4 min read

Weekly Media Recap #52

Bitcoin Perception celebrates 1 year! 🎉

In this edition
Introduction

EOW closing BTC price: $68,181

Date range:  July 15 - July 21, 2024

📈
Let’s dive into the three major themes that were covered by mainstream media journalists:

1. The Trump Pump

2. Craig Wright = Perjury

3. Silicon Valley Chooses Trump

Weekly Snapshot

The amount of mainstream media mentions last week. Source: https://bitcoinperception.com/data/
Sentiment analysis across all outlets. Source: https://bitcoinperception.com/data/
Leaderboard of the most published reporters/contributors last week. Source: https://bitcoinperception.com/data/

The Trump Pump

The intersection of political events and figures with the Bitcoin market were a focal point, with mentions of Donald Trump, J.D. Vance, and their political activities influencing market sentiments.

Al Jazeera, Bloomberg, and Barron's had the most volume of coverage for this topic.

  • Key Points:
    • Al Jazeera discussed the market's reaction to an assassination attempt on Donald Trump, highlighting the surge in Bitcoin and gun stocks.
    • George Clover from Barron's explored how a potential Trump victory could positively impact the cryptocurrency market, especially Bitcoin.
    • Bloomberg's David Pan reported how Bitcoin miners that have been stonewalled in efforts to go public in the US may ultimately be the biggest winners under a second Donald Trump presidency.

Craig Wright = Perjury

Legal issues surrounding the self-proclaimed Bitcoin inventor, Craig Wright, received significant attention. The sentiment was generally neutral, focusing on the factual progression of legal actions.

Coverage was prominent in major outlets like ABC News, Barron's, and CNBC.

  • Key Points:
    • ABC News' Brian Melley covered the legal referral of Craig Wright, who falsely claimed to be Bitcoin's inventor, for perjury.
    • Barron's detailed a UK judge's request for prosecutors to consider charges against Craig Wright in the ongoing Bitcoin inventor controversy.
    • CNBC's Ryan Browne focused on Craig Wright's legal troubles and the referral for perjury.

Silicon Valley Chooses Trump

The involvement of Silicon Valley and the tech industry in political events, especially backing Trump and his VP pick J.D. Vance, is a recurring theme.

The sentiment is generally neutral to positive, with major outlets like CBS News, New York Post, and Forbes providing coverage.

  • Key Points:
    • CBS News' Daniel Klaidman examined the financial and political backing of Donald Trump by key Silicon Valley figures, indicating a significant shift in tech industry support.
    • Thomas Barrabi from the New York Post highlighted the positive reaction from Silicon Valley to J.D. Vance's VP candidacy and the increasing support for Trump from tech billionaires.
    • Forbes' Derek Saul explored Mark Cuban's perspective on why instability, brought by Trump, might drive Silicon Valley's support, potentially benefiting Bitcoin.

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