@the17thletter44: Trump Calls Bitcoin “Very Powerful” at Fintech Event President Donald Trump spoke positively about Bitcoin at a fintech event on Friday, calling it “very powerful” and noting that more people are choosing to use crypto for payments. His comments reflect a noticeable shift toward supporting the crypto industry during his second term. The administration has been engaging with major crypto companies like Coinbase and has pushed back against banks over delays in crypto-related regulations, including stablecoin rules. At the time of his remarks, Bitcoin was trading between roughly $66,000 and $69,000, showing some volatility after recently nearing the $70,000 mark. Trump’s stance is part of a broader effort to position the U.S. as a more crypto-friendly environment. Online reactions were mixed, with some users feeling bullish while others joked about prices dipping right after his comments.

John John

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Saturday 02 May 2026 23:36:46 GMT