Donald Trump

Bitcoin has soared past $75,000, driven by strong early voting support for Donald Trump and market optimism about his favorable digital asset policies. Discover how this surge impacts crypto investors and opportunities at Bitlet.app.

In March 2025, President Donald Trump signed an executive order to establish a strategic Bitcoin reserve, utilizing Bitcoin already held by the federal government. This reserve aims to maintain Bitcoin as a national reserve asset, alongside a stock of digital assets for other cryptocurrencies. Mixed reactions followed, with economic critics and several state governments initiating similar projects.

Bitcoin has shattered records, trading above $109,400, spurring remarkable gains in the crypto market. As Bitcoin surges, support from legislative advancements shines a light on the industry's growing influence in politics. President Trump's role further complicates the narrative around cryptocurrency regulation.

On March 7, 2025, President Donald Trump signed an executive order to create a strategic Bitcoin reserve and set up a task force to regulate digital assets. This order bans Central Bank Digital Currencies (CBDCs) while other cryptocurrencies like Ethereum, Solana, and XRP see gains, pushing the total crypto market cap to $3.61 trillion.