President Trump Promotes Crypto: A Bright Future for the Cryptocurrency Market

At the Coinbase State of Crypto Summit, President #DonaldTrump announced a series of positive initiatives, committing to making the U.S. a global hub for the cryptocurrency industry. With the current Bitcoin price around $108,388 (according to CoinMarketCap, on 13/06/2025), these statements bring a breath of optimism to the crypto market, opening up strong growth opportunities for blockchain and DeFi projects.

Trump proudly claims to be the “first crypto president,” ending restrictive policies such as the Biden administration’s Choke Point 2.0 campaign from the beginning of his term. He established the Presidential Task Force on Digital Assets, appointed Paul Atkins – a pro-innovation supporter – as Chairman of the SEC, and promoted the Strategic Bitcoin Reserve along with a national digital asset treasury. Additionally, Trump is collaborating with Congress to pass the Genius Act, supporting USD-pegged stablecoins, reinforcing America’s financial position.

These commitments, along with a clear legal framework being developed, promise to create a favorable environment for companies like GameStop, American Bitcoin, and ETF funds from BlackRock. The stablecoin market ($154 billion USD market cap) and blockchains like Ethereum and Solana will also benefit, promoting crypto adoption in the U.S. and globally.

Risk warning: The information in this article is for reference only and is not investment advice. #anhbacong