US EditionTrump Wants U.S. as ‘the Bitcoin Superpower,’ Says Crypto Must Be Done Properly
Bitcoin surged past $104,000 after Trump pledged to make the U.S. a 'Bitcoin Superpower,' improving market sentiment from extreme fear to fear, with a $3.43 trillion market cap rebounding.
- On Wednesday, President Donald J. Trump urged the U.S. to embrace crypto at the America Business Forum in Miami, and Bitcoin reached an intraday high above $104,534.70, sparking broader market gains.
- Recent legislation and White House steps include the GENIUS Act's stablecoin framework signed on July 18, creation of a Strategic Bitcoin Reserve, and rejection of a U.S. central bank digital currency.
- Market figures show the global cryptocurrency market capitalization at $3.43 trillion, rebounding by nearly 4%, with Bitcoin open interest rising 1.59% and over $313 million liquidated in 24 hours.
- Analysts at B2BINPAY described the market as "corrective" not bearish, and analysts project recovery toward $115 000–$120 000 if ETF flows stabilize, while President Donald J. Trump offered no new regulatory timelines.
- Economically, despite the rally, Bitcoin and Ethereum remain 18% and 31% below their all-time highs set earlier this year, and Trump warned China could advance if the U.S. fails to act properly.
17 Articles
17 Articles
Bitcoin Recovers Amid Trump's Pro-Crypto Remarks: Ethereum, Dogecoin, XRP Also Rise: Analyst Says BTC Risks Falling To $72,000 If It Fails To Do This - Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)
Leading cryptocurrencies bounced back on Wednesday as President Donald Trump pledged support to the industry. Cryptocurrency Gains +/- Price (Recorded at 9:00 p.m. ET) Bitcoin (CRYPTO: BTC) +2.84% $103,435.58 Ethereum (CRYPTO: ETH) +5.06% $3,407.30 XRP (CRYPTO: XRP) +8.66% $2.34 Solana (CRYPTO: SOL) +5.87% $160.85 Dogecoin (CRYPTO: DOGE) +4.64% $0.166…
Trump Just Gave Crypto the Biggest Compliment Yet
US President Donald Trump made one of his strongest statements yet on cryptocurrency during a major speech at Miami’s America Business Forum this week. Before thousands of attendees, he said digital assets could “ease pressure on the dollar” and declared that America is ready to lead the world as both the “bitcoin superpower” and the “crypto capital.” Trump said his administration’s policies had replaced what he described as years of hostility t…
On Wednesday in Miami, Donald Trump touched a few words on cryptocurrency on the occasion of a long speech, claiming to make "the U.S. the superpower of Bitcoin." Let's go back in more detail on his remarks. The article "We make the U.S. the superpower of Bitcoin": Donald Trump reaffirms his pro-crypto ambitions appeared first on Cryptoast.
Trump Wants to Make America a ‘Bitcoin Superpower’: A New Chapter in U.S.–China Rivalry
U.S. President Donald Trump has declared his intention to turn the United States into a “Bitcoin superpower” after his initial promise to make America the crypto capital of the world. Speaking in Washington earlier this week, President Trump emphasized that the U.S. should not allow China or other nations to dominate the future of digital assets and blockchain infrastructure. Trump’s latest comment on digital assets supports his new advocacy. …
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