🇺🇸 Trump Hails Bitcoin Testimony as “All-Time Greatest”

What Happened:

Former President Trump shared a video on Truth Social, praising a 2018 Senate testimony by Peter Van Valkenburgh (Coin Centre’s research director) as the “greatest Bitcoin" explanation of all time.”

In the Video:

Van Valkenburgh explains how Bitcoin’s decentralized design eliminates the need for intermediaries, promotes financial innovation, and empowers individual freedom and privacy.

> “Why is Bitcoin revolutionary? … it works without the need for an intermediary.”

🗓 Timing & Context:

This comes just days after Trump signed the GENIUS Act—a landmark bill that sets federal guidelines for stablecoins, signalling a major shift in the U.S. crypto policy.

It's a stark contrast to Trump’s 2021 stance when he labelled Bitcoin a scam and claimed it weakened the U.S. dollar. Now, he frames crypto as vital to national innovation and sovereignty.

🔑 Why It Matters:

1. Policy Shift – Fits into Trump’s growing pro-crypto agenda, including the GENIUS Act, talk of a U.S. Strategic Bitcoin Reserve and crypto-friendly appointments.

2. Public Influence – Trump’s endorsement introduces Bitcoin’s benefits to a broader audience, helping reshape the mainstream narrative around crypto.

3. Market Movement – His post coincides with Bitcoin’s surge past $118K–$120K, fueled by political momentum and increased institutional investment.

⚖️ The Bottom Line:

Trump’s message signals more than just support—it reflects a broader pivot in tone, regulation, and public awareness:

Positions Bitcoin is a key part of his vision for American financial leadership

Supports recent legislation defining stablecoins and easing crypto oversight

Elevates digital assets with presidential-level legitimacy

#BitcoinMomentum #CryptoPolicy #BTC #Trump2025 #StablecoinNews #CryptoLegislation