Bitcoin pushed above $65,000 on Friday as President Donald Trump renewed his support for the U.S. crypto industry. Trump called crypto a “big deal” and warned that China could gain ground if Washington slows digital asset policy. His comments came as Bitcoin tested the upper end of its July trading range. Whale buying and spot ETF inflows also supported the move.

Trump Backs U.S. Crypto Leadership

Trump said the United States should protect its lead in digital assets. He singled out China and said Washington should not allow Beijing to take control of the sector. Trump also placed crypto alongside artificial intelligence as technologies that could shape global competition. President Trump noted that the U.S. should stay ahead as…