- Trump credits himself for Bitcoin’s record highs, calling the U.S. the “crypto capital.”
- His administration is backing crypto, appointing pro-crypto regulators and launching TRUMP memecoin.
- Washington is seeing its most pro-crypto Congress yet, with key lawmakers pushing for industry-friendly regulation.
Bitcoin is flying high, and Donald Trump says it’s all because of him.
Speaking at the Future Investment Initiative Institute conference in Miami on Wednesday, the U.S. president wasted no time taking credit for the crypto surge.
“Bitcoin set multiple all-time record highs because everyone knows that I’m committed to making America the crypto capital,” Trump declared.
And at the moment? Bitcoin is hovering near $96,700, down from its all-time peak of over $108,000 earlier this year, according to The Block. Still, it’s a historic run, and Trump is positioning himself as the commander-in-chief of crypto.
Trump: Crypto Is Here to Stay
Trump didn’t stop at Bitcoin. He doubled down on his pro-crypto stance, highlighting Miami’s role in the movement.
“We want to stay at the forefront of everything, and one of them is crypto,” he said. “Miami seems to be the center of the action, come to think of it, and maybe it’ll stay there.”
This is nothing new. Even before winning back the presidency, Trump was very clear about his crypto ambitions—calling for the U.S. to be “the crypto capital of the planet.” Since taking office, he’s been backing it up.
Pro-Crypto Moves & The TRUMP Memecoin Play
Trump’s administration has taken major steps to show support for digital assets. One of the biggest? Appointing former regulator Paul Atkins—a known crypto ally—to lead the Securities and Exchange Commission (SEC).
But Trump didn’t just stop at policy—he also launched his own memecoin. Right before his inauguration, TRUMP memecoin hit the market—and it wasn’t long before Melania followed with one of her own. Both tokens skyrocketed to billion-dollar market caps, proving that when it comes to crypto, this presidency isn’t just about regulation—it’s about participation.
A Pro-Crypto Congress?
Trump’s rise back to power has coincided with what some are calling the most pro-crypto Congress in history. Key figures like Senate Banking Committee Chair Tim Scott and House Financial Services Committee Chair French Hill are now steering the ship on crypto regulation.
With lawmakers in place who are more open to the industry, Washington could finally be moving toward real, structured crypto legislation—a sharp contrast to the years of crackdowns and uncertainty.
The big question? Will Trump’s self-proclaimed “crypto capital” vision become reality—or is this just another chapter in his long history of headline-making moves? One thing’s for sure: crypto is at the center of the political conversation like never before.
