Bitcoin Surges Following Trump’s Major Crypto Announcement
Bitcoin has experienced a remarkable resurgence following remarks made by President Donald Trump at the Digital Asset Summit (DAS) held in New York on March 20, 2025. At the summit, Trump touted his vision of establishing the United States as a dominant force in the cryptocurrency space, positioning it as the “superpower” and, moreover, the “undisputed crypto capital of the world.” Following his address, Bitcoin’s price saw significant fluctuations, initially soaring to $86,000 (£66,400) before settling around $79,000 (£61,000).
Back in December 2024, Bitcoin’s value briefly surpassed $100,000 (£77,200) for the first time but subsequently faced a steep decline attributed to concerns over economic instability…
