President Trump publicly called Bitcoin 'very powerful' and noted that 'so many people now want to pay you in crypto,' marking another high-profile presidential endorsement of digital assets.
President Trump has publicly declared that “Bitcoin BTC +0.00% is very powerful” and observed that “so many people now want to pay you in crypto,” delivering one of his most direct presidential endorsements of the leading digital asset to date.
Trump Calls Bitcoin ‘Very Powerful’ in Direct Public Statement
The remarks, capture Trump making two distinct claims: a characterization of Bitcoin’s strength and an observation about the growing desire among people to transact in cryptocurrency.
“Bitcoin is very powerful,” Trump stated. “So many people now want to pay you in crypto.”
The comments mark a continuation of the president’s increasingly vocal support for digital assets, a stance that has intensified since he took office in January 2025.
CoinMarketCap market data view included to frame the latest move in bitcoin.
From Campaign Rhetoric to Policy Action on Crypto
Trump’s latest praise of Bitcoin does not exist in isolation. His administration has taken concrete steps to position the United States as a crypto-friendly jurisdiction since taking office.
In early March 2026, the White House released a cybersecurity strategy that explicitly vowed to support the security of cryptocurrencies and blockchain technology, signaling that digital assets have become a formal component of national technology policy.
The Trump family’s own involvement in crypto has deepened considerably. Eric Trump has been publicly promoting the family’s expanding crypto ventures, which now include American Bitcoin, described as the newest arm of the Trump crypto empire.
The president’s pro-crypto positioning has also reshaped the political landscape around digital assets in Washington. Crypto industry players have gained significant political influence during the Trump era, with the administration’s regulatory posture shifting markedly from the enforcement-heavy approach of prior years.
CoinMetrics blockchain-data panel highlighting the structural trend discussed for bitcoin.
Not all observers view these developments favorably. Democrats on the House Financial Services Committee have raised concerns about the intersection of the Trump family’s personal crypto holdings and the administration’s regulatory decisions.
Trump’s declaration that Bitcoin is “very powerful” and that demand for crypto payments is surging adds another data point to a pattern: the sitting president is not merely tolerating cryptocurrency but actively championing it as a legitimate financial force.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nvidia falls to its lowest valuation in 14 years! "Super bull" Tom Lee calls for bottom fishing, retail investors are buying more as it drops, but Wall Street is divided
After the market opened on Thursday, retail investors went against the trend and bought up Nvidia, with net purchases reaching $111 million in just half an hour, setting a record for the same period. Investors such as Tom Lee have publicly supported the company, with institutions optimistic about strong order backlogs extending to 2028, robust revenue growth, and opportunities created by declining valuations. Meanwhile, institutions like Bernstein and Goldman Sachs have become more cautious about Nvidia's outlook, with concerns focusing on management succession and technological leadership following Jensen Huang's departure.
Jane Street boosts Fidelity Bitcoin ETF stake 8x in Q3, trims BlackRock IBIT
From SpaceX to Anthropic, the market has new strategies for dealing with tech giants' IPOs
The market's response strategies to major listings are currently centered around "index inclusion expectations": the new regulations allow mega IPOs to be included in the six major indices within 15 days, triggering concentrated buying by passive funds. Investors are positioning themselves in advance and using options to hedge and amplify buying power. However, Anthropic has a free float of only about 6%; shares available for sale by employees on the first day and privately placed shares with no lock-up period may create supply pressure. On the other hand, index arbitrageurs are facing a rare opportunity.
Nvidia Q3 Earnings Preview: Revenue Expectations and Key Metrics to Watch
Crypto prices
More
