Overview
- A 12-foot, gold-colored statue of President Donald Trump holding a Bitcoin was placed on 3rd Street near the Capitol on Sept. 17 and removed by late afternoon.
- The unveiling was timed to the Federal Reserve’s quarter-point rate cut to about 4.1%, the first reduction since December 2024.
- A collective of cryptocurrency investors funded the temporary piece, with spokesman Hichem Zaghdoudi saying it was meant to provoke discussion about money, policy, and crypto’s influence.
- The stunt was livestreamed and tied to a Pump.fun token launch known as DJTDST, which saw a brief spike in trading activity.
- A National Park Service permit identified the installation as “The Bitcoin President” and a symbolic gesture; on-site reports indicated no arrests during the display.