President Trump promotes cryptocurrency as the United States aims to become the global crypto capital.
President Trump has championed cryptocurrency as a mainstream investment, pledging to establish the United States as the "crypto capital of the planet." The administration announced a 2025 executive order calling for federal regulation of digital currencies and the creation of a national cryptocurrency stockpile. Additionally, the administration announced a proposed rule to ease regulatory barriers for including crypto in retirement plans. Despite these efforts, a report from the Urban Institute shows that only 9% of American adults currently own cryptocurrency, a significant drop from the 17% who owned it in January. While Bitcoin reached record highs in 2025, it has since shed roughly half of its value, falling from $125,000 in October to approximately $65,000 by July 2026. Analysts suggest that high volatility and the lack of cash flow or industrial use may keep some investors away. However, President Trump remains a proponent of the asset class, noting he has "become a big crypto guy" as the market continues to fluctuate.