US EditionGiant Trump statue holding Bitcoin displayed outside US Capitol to mark Fed rate decision
The statue honors Trump's role in advancing Bitcoin and was unveiled alongside the Federal Reserve's first interest rate cut since December 2024, aiming to spark debate on digital currency.
- On Wednesday, a towering golden sculpture featuring President Donald Trump grasping a large Bitcoin was set up near the US Capitol, coinciding with the Federal Reserve’s announcement of an interest rate reduction.
- The statue was financed by a group of cryptocurrency enthusiasts and aims to spark conversations about digital currencies, economic policies, and the government's involvement in financial systems.
- The Federal Reserve reduced its main interest rate by 25 basis points, bringing it down from 4.3% to roughly 4.1%. This represents the central bank’s initial rate cut since December 2024, with forecasts indicating two additional reductions before the end of the year.
- Organizers described the statue as a symbol of Trump’s public support for cryptocurrency and hope it ignites reflection on crypto’s growing influence as the Fed shapes policy.
- The installation attracted crowds and sparked discussion about the intersection of politics, finance, and digital assets, while Wall Street may view the rate cuts with some disappointment.
33 Articles
33 Articles
Trump statue holding Bitcoin appears in US Capitol
A 12-foot golden statue of President Donald Trump was put on display on 3rd street, just outside the US Capitol. The temporary statue was unveiled just hours before the Federal Reserve’s interest rate decision was announced.
Donald Trump’s Golden Statue Holding Bitcoin Erected Outside US Capitol Amid Fed Rate Cut, Pics Go Viral | 🌎 LatestLY
A 12-foot golden statue of Donald Trump holding a Bitcoin has been erected outside the US Capitol, coinciding with the Fed’s 25-basis-point rate cut. Funded by crypto investors, the installation aims to spark debate on digital currency and Trump’s pro-crypto stance, with viral visuals drawing crowds and mixed reactions. 🌎 Donald Trump’s Golden Statue Holding Bitcoin Erected Outside US Capitol Amid Fed Rate Cut, Pics Go Viral.
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Giant Trump statue holding Bitcoin displayed outside US Capitol to mark Fed rate decision
A 12-foot golden statue of President Donald Trump holding a Bitcoin was unveiled outside the U.S. Capitol ahead of the Fed's rate decision on Wednesday.
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