Trump Pledges Crypto Leadership for the U.S. Amid Bitcoin’s $100K Surge

During a recent appearance at the New York Stock Exchange, President-elect Donald Trump expressed his ambition for the United States to take the lead in the global cryptocurrency space during his upcoming term.

His remarks signal a potential shift in the nation’s approach to digital assets.

Speaking with CNBC’s Jim Cramer, Trump emphasized the need for America to stay ahead in the cryptocurrency race, referencing competition from nations like China. He hinted at exploring strategies to strengthen the U.S.’s position, including the possibility of creating a national Bitcoin reserve. “We want to be at the forefront, not playing catch-up,” he said.

BREAKING: 🇺🇸 President-elect Donald Trump says, “Will be doing something great with crypto.”
pic.twitter.com/47TFh8j7NM

— Bitcoin Magazine (@BitcoinMagazine) December 12, 2024

This marks a significant departure from the policies of the outgoing administration, which often clashed with the cryptocurrency sector. Trump’s comments align with promises made during his campaign to support the burgeoning digital asset industry, a move that resonated with voters and industry leaders alike.

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The visit to the NYSE, where Trump rang the opening bell in celebration of his recent recognition as Time magazine’s “Person of the Year,” coincided with Bitcoin maintaining its historic position above the $100,000 mark—a milestone it reached last week, capturing global attention.

Kosta Gushterov