Trump Administration

On July 10, 2025, Bitcoin reached a record $116,046.44, driven by institutional investors and new crypto-friendly policies under the Trump administration. Ethereum also saw gains, reflecting renewed confidence in crypto markets.

In 2024, the cryptocurrency industry emerged as the largest corporate donor in the U.S. presidential election, contributing $238 million, surpassing traditional sectors like oil and pharmaceuticals. This political involvement has sparked concerns about partisanship and regulatory challenges.

On March 6, 2025, President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve, marking a pivotal moment in U.S. digital asset policy. This reserve, funded by forfeited bitcoins from the Treasury, signifies a major shift in how the government approaches cryptocurrencies.