Trump Touts Policies Driving Bitcoin's Record Highs

The President credits his pro-crypto stance for Bitcoin's surge and vows to make the U.S. the global cryptocurrency leader.

President Donald Trump attributed Bitcoin's recent all-time high of over $108,000 to his administration's commitment to cryptocurrency innovation and regulation.
At a Miami conference, Trump reiterated his goal of positioning the U.S. as the 'crypto capital of the world' and highlighted Miami as a hub for digital assets.
Trump's administration has taken significant steps to support the crypto industry, including replacing SEC Chair Gary Gensler with crypto-friendly Paul Atkins and ending what he called a 'war' on crypto.
Executive orders under Trump have called for a review of crypto regulations and the exploration of a federal Bitcoin reserve, though such proposals face skepticism in Congress.
Bitcoin's price stabilized at around $96,700, with broader cryptocurrency market sentiment shifting from 'Fear' to 'Neutral' as traders responded to Trump's remarks.