Donald Trump's Bitcoin Announcement

👉 Strategic Bitcoin Reserve: Donald Trump announced plans to create a strategic bitcoin reserve if he is elected president in November.

👉 No Sale of Seized Bitcoin: He also announced that he will not sell the bitcoin seized by the U.S. government.

👉 Firing of Gary Gensler: Trump promised to fire Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), on his first day in office.

👉 Bitcoin Superpower: Trump wants the U.S. to be a "bitcoin superpower" and has pledged to make the country the "crypto capital of the planet".

👉 Impact on Bitcoin Price: Following Trump's announcement, bitcoin's price rose to nearly $70,000, its highest since early June.