President Donald Trump took another step toward his promise to make the U.S. the “crypto capital of the planet” on Thursday, signing an executive order aimed at promoting the domestic cryptocurrency sector and exploring the possibility of a new national digital asset stockpile.
XRP price perched above the $3.15 mark on Friday, up 13% since Trump’s inauguration. Prominent Researcher, Dr Horace Drew has speculated that President Trump could mitigate the $34 trillion federal debt by choosing XRP over Bitcoin for the US Strategic Reserve.
A presidential pardon for Silk Road founder Ross Ulbricht has sent expectations soaring that Trump will follow through on his campaign promise to create a U.S. bitcoin
On the campaign trail, Trump pitched a national bitcoin stockpile, but it remains to be seen if he will fulfill this pledge.
Trump followed through with his promise to pardon Bitcoin martyr Ross Ulbritch on day 1 of his presidency. What are prediction markets saying about his bitcoin promises?
Skew referenced a “well defined consolidation” taking place on BTC/USD, flagging $102,000 and $106,000 as the key levels for bulls to capture definitively. “$106,000 is what i want to see on Bitcoin today,” fellow trader Crypto Tony agreed. An accompanying chart maintained an increasingly popular near-term BTC price target of around $122,000.
El Salvador started accumulating BTC under Bukele's leadership, fueling speculation about Trump's strategic reserve promises.
Bitcoin and other cryptocurrencies recoiled after Trump's first set of policies following inauguration did not refer to this asset class.
The new peak above $109,000 was reached Monday, and stock futures edged higher. Since Trump was elected, bitcoin has surged more than 50%.
President Donald Trump and First Lady Melania Trump both launched meme coins on Monday, but experts say they may not be reliable investments.
Trump is a man in a hurry, and social media is buzzing with questions about whether he will fulfill his promise of a strategic Bitcoin reserve.