- Trump called Bitcoin “amazing” and praised its role in job creation and economic strength, especially versus rivals like China.
- He signed an executive order to create a Strategic Bitcoin Reserve, with legislation (the BITCOIN Act) aiming to buy up to 1 million BTC.
- The GENIUS Act and CLARITY bills are central to Trump’s push for clear crypto regulation, with the president demanding swift House approval.
President Donald Trump didn’t hold back his enthusiasm for Bitcoin at a recent White House press conference. He praised the cryptocurrency as “amazing,” calling it a powerful industry that’s lifting the U.S. economy and offering a fresh alternative to the dollar. Trump said the rise of Bitcoin has created jobs and momentum—and made one thing clear: if the U.S. wasn’t leading in crypto, China would be.
He also emphasized how crypto’s market performance stood tall compared to stocks, especially after he announced the reciprocal tariffs on “Liberation Day.” For Trump, this isn’t just about currency—it’s about global competition, and he sees crypto as a major win for America.
From Praise to Policy: Building a Crypto Legacy
Trump isn’t just talking the talk. He claims credit for reinvigorating the crypto scene after what he sees as a weak showing under Biden. He’s made it clear he wants the U.S. to be the “crypto capital of the world”—and he’s already moving in that direction.
One bold move? Signing an executive order to kickstart a Strategic Bitcoin Reserve. That’s not just an idea floating around—it has backing from Senator Cynthia Lummis, who introduced the BITCOIN Act, aiming to let the U.S. accumulate up to 1 million BTC over the next five years. Yeah, million with an “m.”
Crypto Legislation Ramps Up
To bring structure to the booming industry, Congress is also pushing forward with two major crypto bills: the GENIUS Act and CLARITY. The GENIUS Act has already passed the Senate and now sits with the House. Trump made it clear he wants that bill passed as is, no edits, no drama.
Both bills aim to bring clear rules to crypto and stablecoins, all aligned with Trump’s vision of securing America’s spot as the top dog in digital finance. Whether the House moves fast enough remains to be seen, but the message from the top is loud and clear: crypto is here to stay—and Trump wants the U.S. leading the charge.
