President Trump: US Considers Buying “Sizable” Amount of Bitcoin

US President Donald Trump says that the USA is contemplating shopping for “sizable” quantities of Bitcoin and different cryptocurrencies. The President delivered remarks at a White Home occasion whereas internet hosting CEOs from a number of crypto firms, together with Ripple and Coinbase. When requested in regards to the nation swooping in on BTC, Trump stated the next:

“Actually it’s been talked about. It’s take numerous stress off the greenback. It’s been very, excellent for the greenback. and I believe if you happen to got here in with suggestions I would definitely hear.”

Trump’s assembly with crypto executives comes a day after the SEC proposed guidelines that will exempt sure token choices from current securities laws. The proposal may give crypto firms a clearer path to elevating cash and issuing digital tokens, whereas marking one other step within the Trump administration’s effort to determine a extra favorable regulatory framework for the business.

President Trump has made crypto a significant a part of his financial agenda since returning to the White Home in January 2025. His administration has taken a distinct strategy from the earlier one, with each the SEC and CFTC pursuing insurance policies aimed toward offering clearer guidelines for digital-asset companies. In an effort to make the US the “Crypto Capital of the World,” Trump has actively pushed for the federal government to move a number of crypto payments, together with the GENIUS Stablecoin act and Crypto CLARITY act.

Right now’s assembly additionally helped gasoline the costs of a number of cryptocurencies within the final 24 hours. Bitcoin (BTC) climbed above $68,000, whereas Ethereum (ETH) reclaimed the $2,000 degree throughout US buying and selling. Solana (SOL), XRP, BNB, Hyperliquid (HYPE) and Dogecoin (DOGE) additionally superior because the broader crypto market recovered. This restoration additionally falls according to broader market forecasts from consultants, suggesting the crypto bear market might lastly be over. Ought to constructive crypto updates come from at present’s White Home crypto assembly with Trump, and the long-awaited CLARITY act get handed, the market may rally again to 2025 highs.