Bitcoin can resume height with Trump’s signing of an executive order, describing the United States as a center of encrypted currencies and artificial intelligence

- Bitcoin shows signs of height as President Trump signs an executive order to start a working group of digital assets.
- It also calls for creating a national strategic stock of digital assets.
- Donald Trump said the United States will become a center of encrypted currencies and artificial intelligence at the World Economic Forum.
Bitcoin (BTC) was traded near $ 10,000 on Thursday, after the executive order of President Donald Trump to create a presidential working group on digital assets. The group will also supervise the feasibility of the United States establishing a national stock of digital assets.
Bitcoin is witnessing gains where the new US administration can lead to the height of the encrypted currency
Bitcoin is gaining momentum to resume its height after the recent activities of the newly established President Donald Trump’s administration.
According to what was reported by Trump on Executive Launching a new presidential business group on digital asset markets. The team was assigned to create a working framework for digital asset regulations, which will serve as a guide to the encrypted currency industry.
It also aims to create a strategic national stock of the US digital assets. This could be a first step towards creating a strategic bitcoin reserve as Trump promised during his presidential campaign.
The work group will be under the supervision of Caesar Trump for artificial intelligence and cryptocurrency David Sachs. Among the other delegates are the Chargé d’Affairs of the Securities and Stock Exchange (SEC), Mark Uida, and the Minister of Treasury, as well as heads of other major federal departments.
The executive is also prohibited any procedure towards creating and strengthening the central bank’s digital currency (CBDC) and reflects the previous Biden administration’s order on digital assets.
Trump wants to make America the capital of encrypted currencies and artificial intelligence
In addition, Trump addressed a group of globalization advocates on Thursday at the World Economic Forum, where he mentioned many plans that his administration is working on to enhance the economy.
This includes the use of energy and gas energy reserves in the country to enhance its manufacturing power. Trump added that this would make the United States a leader in cryptocurrency and artificial intelligence.
“This will not only reduce the cost of almost all goods and services, but will also make the United States a superficial manufacturing power and a global capital of artificial intelligence and cryptocurrencies,” Trump said.
Likewise, Trump announced his plan to immediately reduce interest rates in the United States. Historically, low interest rates have led to a high price of bitcoin, as they stimulate investors to store their money in dangerous assets such as cryptocurrencies.
The flow of capital from retailers can increase demand and high bitcoin prices. Also, low rates increase bitcoin as a means of hedging against inflation, which increases the stimulation of investor interests.
Moreover, many bitcoin prices in 2025 were driven by macroeconomic data. This has been evident in the past two weeks when non -agricultural salary data (NFP) and federal reserve expectations to reduce interest rates have led to Bitcoin’s decrease towards 90,000 dollars.
Senator Lomes, supporter of encrypted currencies as head of banking services in the Senate Digital assets Sub -Committee
In addition, the Senator Centum Lomes was officially voted as Chairman of the Senate Digital Assets of the Senate. The sub -committee will work similar to the Parliamentary Committee for Financial Services, which was established in 2023 and is likely to control encrypted currency affairs under the new presidential administration.
Lomes, a strong defender of cryptocurrencies and the strategic bitcoin reserve, participated in the plans of the Corpric Currency Industry.
“The sub -committee of the Senate Digital Assets will decide legislation that promotes responsible innovation and consumer protection, eliminate the ChokePoint 2.0 process, and makes America the capital of bitcoin and digital assets in the world.”