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White House Leak Sparks Wild Speculation Trump Is About To Blow Up The Bitcoin Price, Forbes reports

  • Bitcoin and crypto prices are struggling after a steep sell-off, with Bitcoin around $80,000 following Donald Trump's executive order for a U.S. Bitcoin strategic reserve, which disappointed markets.
  • Bo Hines stated that the White House aims to acquire as much Bitcoin as possible, as reported by Decrypt.
  • Senator Lummis reintroduced legislation for the U.S. To buy up to one million Bitcoin over five years, continuing the strategic reserve initiated by Trump's order.
  • A White House official confirmed that acquisitions would be budget-neutral, ensuring taxpayer funds are not affected.
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Trump could be a catalyst for a global pro-crypto shift, Binance CEO says

Binance CEO Richard Teng said he expects Trump's "pro-crypto" legislation in the U.S. to spur regulators in other parts of the world to follow suit.

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CNBC broke the news in United States on Thursday, March 13, 2025.
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