Key Highlights
- U.S. President Donald Trump acknowledged that cryptocurrency takes a selection of stress off the buck
- He also repeated his imaginative and prescient to make the nation the Bitcoin superpower, the crypto capital of the world, and the undisputed chief in synthetic intelligence
- Trump’s assertion comes amid a downward vogue within the cryptocurrency market
On November 5, U.S. President Donald Trump made a mammoth assertion amid ongoing economic challenges within the nation, asserting that the cryptocurrency “takes a selection of stress off the buck.”
JUST IN: 🇺🇸 President Trump says crypto “takes a selection of stress off the buck. It does a selection of appropriate things.”
“We’re making the US the #Bitcoin superpower, the crypto capital of the world”. pic.twitter.com/31xK1qCnys
— Bitcoin Journal (@BitcoinMagazine) November 5, 2025
Trump has also reaffirmed his assertion that his administration is working within the course to make “the usa the Bitcoin superpower, the crypto capital of the world, and the undisputed chief in synthetic intelligence.”
USD Regains Steadiness after Rough Starting up in 2025
The US buck is preparing for a comeback within the 2nd half of 2025 by getting higher from its worst first-half efficiency in five decades. Thru June, the buck had dropped 10.7% in opposition to foremost currencies. This autumn comes after aggressive exchange tariffs and fears of slowing U.S. economic increase.
The U.S. economy is at demonstrate going via turbulence amid rising debt. Aside from this, the most recent records on U.S. inflation and the unemployment rate (3% and 4.2% respectively).
USD’s rebound started in July and received momentum after the Federal Reserve’s policy, where the agency made up our minds to diminish the curiosity rate by 25 basis concepts, lowering the aim differ for the federal funds rate to 4.00% – 4.25%.
One more foremost turning level that benefited USD was once a truce within the U.S.-China exchange battle, which paused modern tariffs and calmed global recession fears. Concurrently, the U.S. economy has also shown ravishing resilience, with solid corporate earnings and a grand job market outperforming other foremost economies.
U.S. buck recovery also comes from political unrest in various system of the world, alongside side its rival worldwide locations.
By October, the buck had climbed to two-month highs by eradicating a necessary half of its earlier yearly losses. Nonetheless, analysts remain cautious in regards to the sturdiness of this rally. They imprint expectations for added Federal Reserve curiosity rate cuts and the functionality for renewed exchange tensions as components that can additionally restrict the buck’s upward momentum within the approaching months.
Can Crypto If truth be told Trust Heavy Stress from the USD? Truth Take a look at of Trump’s Statement
The USD plays a pivotal feature within the U.S. and global economy. Trump’s assertion has some good judgment within the wait on of this. To gasoline global exchange and finance, the usa must present a mammoth quantity of bucks to other worldwide locations, a job that forces it to hotfoot mighty, perpetual deficits. This fixed outflow of cash printing step by step creates hurt to the buck’s prolonged-length of time worth via inflation. This also impacts the nationwide debt.
At some level, Bitcoin and other cryptocurrencies are a plot to this anxiousness. These digital currencies are working as a parallel financial plan. With its fixed present of 21 million coins, Bitcoin works as “digital gold,” which offers a retailer of worth independent of any single executive’s monetary policy.
This mechanism of Bitcoin and other cryptocurrencies helps for the length of the bright decline within the USD, admire in early 2025. By investing in these digital currencies, investors can use them as choices to hedge in opposition to the weakening USD.
By brooding about this, U.S. President Donald Trump has signed an executive show to stockpile seized Bitcoin correct into a nationwide reserve. This allows the U.S. to rating financial affect by amassing a scarce digital asset, reasonably than fully relying on printing extra bucks, thereby easing the structural stress of the global currency.
Crypto Market Faces Catastrophic Headwinds
Factual a day ago, the cryptocurrency market witnessed a large liquidation, which compelled Bitcoin to race below $100,000 for the foremost time since June. Over $2.1 billion worth of crypto investment was once wiped out from the cryptocurrency market. In this liquidation, Bitcoin witnessed $470 million worth of positions wiped out, whereas Ethereum saw $377 million worth of positions wiped out from the crypto market, according to Coinglass.
Nonetheless, the crypto market is exhibiting resilience to this downtrend. After a bright fall, Bitcoin has recovered very much, at demonstrate shopping and selling at spherical $103,466.75 with a 2.58% surge in 24 hours.
