365int
Bitcoin’s biggest fan just made headlines again—and it’s none other than Donald Trump.
During a recent White House press event, Trump said Bitcoin is helping America. It might even take some pressure off the US dollar.
“More and more people are paying in Bitcoin,” Trump said. “It’s a great thing for the country.”
Bitcoin was trading around $107,500. It dipped earlier that day but quickly bounced back after the market calmed down.
🧠 Side Note
PCE Data: Refers to Personal Consumption Expenditures—basically how much people are spending and inflation metrics.
Trump didn’t stop there. He warned that if the US hadn’t embraced crypto, countries like China would’ve taken the lead.
He believes under his watch, the US built a “very powerful industry” by jumping in early.
“Crypto didn’t crash like the stock market recently,” he added. “It fell, sure—but way less.”
He also praised Bitcoin for creating jobs and shaking up the payment game.
“It’s amazing,” Trump said. “Look at the jobs it’s bringing!”
Trump made sure to clarify—he’s not in it for profits. That’s his sons’ job. As president, he just wants the US to stay ahead in tech.
