As Bitcoin continues to break historical highs, a shocking statement from former US President Donald Trump has caught the attention of the global financial community: “Bitcoin is very good for our country.” Once a cryptocurrency skeptic, Trump has now become one of its strongest supporters. This not only marks a major shift in his personal views, but also reflects the strong shift of the US economy to the digital age.
Bitcoin: A New Engine for the US Economy
At a recent White House press conference, Trump emphasized that the growing use of Bitcoin is helping to reduce pressure on the US dollar, which is a positive factor for the economy. He revealed that he and his children invested in Bitcoin early on and believe that the currency is more resilient than the stock market during volatile times.
Trump asserted that he helped lay the foundation for a robust cryptocurrency industry in the United States. In contrast to the stagnation under the Biden administration, he pledged to continue pushing for the United States to be a global leader in the field. “If we don’t do it, China will take over,” he stressed.
The Trump Family and Cryptocurrency Ambitions
At the Bitcoin 2025 conference in Las Vegas, Trump's sons and Vice President JD Vance advocated for more government-friendly regulation of the cryptocurrency. They expect the price of Bitcoin to reach between $150,000 to $175,000 by 2026, while also arguing that Ethereum is undervalued.
Trump Media, the media company owned by the Trump family, currently holds more than $2 Billion Bitcoin, which accounts for the majority of liquid assets. They have also invested $300 million in crypto-related derivatives – a strategic move to diversify and increase their financial strength.
Not stopping there, Trump signed the bipartisan GENIUS Act, establishing a “strategic Bitcoin reserve,” and appointed a dedicated cryptocurrency official to the White House.
Conclude
Donald Trump’s move from skepticism to strong support for Bitcoin is not only a personal story, but also a sign of a shift in how global leaders view cryptocurrencies. As the U.S. government begins to view digital assets as an essential part of the economy, opportunities for innovation will continue to open up not only in the U.S. but also in emerging markets like Vietnam.
HVA Group believes that, with the development of blockchain technology and strategic leadership like Trump's, a transparent, decentralized and inclusive financial future is closer than ever.
