Trump’s Crypto Reserve Pushes Bitcoin to $118,000
In March 2025, Donald Trump signed an executive order establishing a strategic reserve of cryptocurrencies, marking a significant shift in the U.S. government’s stance on digital assets. This move signaled that the U.S. was no longer merely observing the crypto landscape but was actively positioning itself to become a leader in the field. The strategic reserve, which includes Bitcoin, aims to make the U.S. the “crypto capital of the world,” according to the administration’s statements.
The announcement had an immediate impact on the market, with Bitcoin soaring past $118,000 due to increased demand for cryptocurrency exchange-traded funds (ETFs) and the pro-crypto sentiment from the Trump administration. This surge in value was driven…
