President Donald Trump, who once spoke at a Bitcoin conference about making the US a global crypto leader, took big steps to support the industry.
President Donald Trump, who once spoke at a Bitcoin conference about making the US a global crypto leader, took big steps to support the industry.
About a year ago, Bitcoin reached a historic $100,000 and since taking office, his government has acted on several crypto-related fronts. The Securities and Exchange Commission dropped lawsuits against several crypto firms, removing years of regulatory uncertainty. Trump also announced the creation of a US government Bitcoin reserve, a national stockpile of digital coins.
However, includes artificial intelligence, biotechnology, and quantum computing as the main areas to secure America’s technological leadership. Digital assets and blockchain were notably absent from the report.
The new national security strategy outlines Trump’s vision for rebuilding US economic strength. It says the United States should have the world’s strongest and most innovative economy. . Energy is another priority, with the strategy aiming for the world’s most productive and competitive energy sector, one that powers economic growth and becomes a major export industry.
“We want to remain the world’s most scientifically and technologically advanced and innovative country, and to build on these strengths. And we want to protect our intellectual property from foreign theft,” it said.
The omission of blockchain and Bitcoin from the national security strategy signals that the administration may see digital assets mainly as financial tools rather than strategic technologies.
However, one crypto commentator said, “Not worried. National security strategy is about hard tech, and crypto is already a freedom and market layer, not a weapons platform Trump will back builders and keep the US the home of Bitcoin either way.”
Bitcoin has moved back above $90,000 and is trading near $91,452, but the market is still very quiet and choppy. The price is stuck between support and resistance, with no clear breakout yet.
Bitcoin was rejected near $92,700, and it needs to move above $92,959 to show a stronger upside toward $96,800 or even $100,000. For now, it’s just normal sideways consolidation, and analysts say there’s no strong signal in either direction yet.