TLDR: 12-foot golden Trump statue holding Bitcoin unveiled near U.S. Capitol, drawing attention to crypto’s growing role in politics. Installation coincided with Fed’s first 2025 rate cut, sparking discussions on Bitcoin price action and monetary policy links. Project organizers funded the statue to honor Trump’s pro-crypto stance and his Strategic Bitcoin Reserve initiative. Trump’s second [...] The post Trump Statue Holding Bitcoin Unveiled Near U.S. Capitol as Crypto Politics Heat Up appeared first on Blockonomi.TLDR: 12-foot golden Trump statue holding Bitcoin unveiled near U.S. Capitol, drawing attention to crypto’s growing role in politics. Installation coincided with Fed’s first 2025 rate cut, sparking discussions on Bitcoin price action and monetary policy links. Project organizers funded the statue to honor Trump’s pro-crypto stance and his Strategic Bitcoin Reserve initiative. Trump’s second [...] The post Trump Statue Holding Bitcoin Unveiled Near U.S. Capitol as Crypto Politics Heat Up appeared first on Blockonomi.

Trump Statue Holding Bitcoin Unveiled Near U.S. Capitol as Crypto Politics Heat Up

2025/09/18 14:48

TLDR:

  • 12-foot golden Trump statue holding Bitcoin unveiled near U.S. Capitol, drawing attention to crypto’s growing role in politics.
  • Installation coincided with Fed’s first 2025 rate cut, sparking discussions on Bitcoin price action and monetary policy links.
  • Project organizers funded the statue to honor Trump’s pro-crypto stance and his Strategic Bitcoin Reserve initiative.
  • Trump’s second term has included orders supporting Bitcoin reserves, ETF approvals, and government blockchain research efforts.

Washington saw an unexpected spectacle this week. A towering golden statue of Donald Trump holding a Bitcoin was installed near the U.S. Capitol. The event coincided with the Federal Reserve’s rate cut announcement, creating buzz in political and crypto circles. 

Crypto investors funded the installation to draw attention to Bitcoin’s growing place in national policy. The timing raised questions about the link between digital assets, monetary strategy, and the future of U.S. finance.

Trump Statue: Crypto Symbolism Meets Washington Power

On September 17, a collective of crypto backers unveiled the 12-foot statue on 3rd Street NW. 

MartyParty, a top commentator, shared updates about the event on social media. The project’s organizers called it the “Donald J. Trump Golden Statue” and said it was designed to start a debate about money and power.

The sculpture shows Trump cradling a large Bitcoin emblem, representing his image as a pro-crypto president. Its creators said they wanted to spotlight Bitcoin as “digital gold” and its potential role in the future economy. 

A permit for the temporary display was posted online by the group’s official account, adding transparency to the effort.

The timing caught attention because it coincided with the Federal Reserve’s first interest rate cut of 2025. Traders and analysts immediately tied the installation to broader market sentiment around Bitcoin price action and liquidity. 

The livestream event on Pump.fun drew a large online audience, driving conversation on whether crypto is becoming a campaign touchpoint.

Lawmakers walking past the statue were seen stopping and taking photos, according to attendees. The combination of politics, crypto, and monetary policy created a moment that quickly spread across crypto forums and trading chats.

Trump’s Crypto Position Since Returning to Office

Since his second term began, Trump has pushed several crypto-related initiatives through executive action. 

Earlier this year, he signed an order to create a Strategic Bitcoin Reserve, calling it an important step for national resilience. He also directed agencies to study blockchain use in government systems, from payments to cybersecurity.

Trump has consistently tied Bitcoin to financial independence, framing it as a safeguard against inflation. His administration has also pressed regulators to speed up the review process for crypto-linked products. This stance has strengthened his reputation as one of the most crypto-friendly U.S. presidents.

Supporters argue these moves have encouraged American miners and developers to stay in the country. They believe his policies could make the U.S. a hub for digital asset innovation. 

The statue project, according to organizers, is meant to capture that policy shift visually and start a conversation with the public.

The installation is temporary, but its impact on crypto political discourse may outlast its presence on Capitol Hill. Conversations around Bitcoin, regulation, and monetary strategy are likely to stay in focus as the 2026 election cycle approaches.

The post Trump Statue Holding Bitcoin Unveiled Near U.S. Capitol as Crypto Politics Heat Up appeared first on Blockonomi.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Ethereum (ETH) Blob Fees Suddenly Spike, Here’s Why

Ethereum (ETH) Blob Fees Suddenly Spike, Here’s Why

The post Ethereum (ETH) Blob Fees Suddenly Spike, Here’s Why appeared on BitcoinEthereumNews.com. 42,000 Gwei: Ethereum (ETH) blob fees log new ATH, community sees “high demand” Will Ethereum Fusaka hard fork fix this? On Oct. 30, 2025, Ethereum (ETH) blob fees — data availability fees for Ethereum’s L2 networks — registered an all-time high. While being painful in general, such spikes are indicators of high demand for Ethereum’s (ETH) throughput. Fusaka, Ethereum’s upcoming upgrade, is expected to mitigate such spikes. 42,000 Gwei: Ethereum (ETH) blob fees log new ATH, community sees “high demand” Ethereum (ETH) blob fees — commissions paid by Layer-2 blockchains for using Ethereum’s computational resources as a data availability layer — set a historic record Oct. 30, 2025. The metric suddenly spiked over 42,000 Gwei, an Ethereum supporter @materkel mentioned on X. Not sure if anybody noticed, but blob fees spiked to insane levels yesterday. They peaked at 42,036.2 Gwei (a new record) and stayed above 20k Gwei for ~half an hour. This is exactly what happens once Rollups start to outbid each other during high demand. Average fees are now… pic.twitter.com/6SvBv2mJMp — materkel.eth 🦇🔊 (@materkel) October 31, 2025 After this sudden spike, Ethereum (ETH) blob fees stayed in an extremely high zone, over 20,000 Gwei, for almost an hour. As explained by the speaker, this is a clear indicator of high demand for Ethereum (ETH) right now — L2 rollups triggered the price by competing against each other for Ethereum (ETH) resources. The Ethereum (ETH) enthusiast stressed that this is the most evident signal of interest in Ethereum (ETH) and slammed the theory that L2 popularity somehow threatens the biggest smart contracts platform: Ethereum is in high demand right now, and rumors of L2s being extractive are FUD This process is not necessarily mirrored by the transactions feed for end users — rollups offset this imbalance by subsidizing blob…
Share
BitcoinEthereumNews2025/11/01 20:06
Ethereum Blob Fees Reach 42,000 Gwei ATH, Signaling High Demand; Fusaka Upgrade May Mitigate Spikes

Ethereum Blob Fees Reach 42,000 Gwei ATH, Signaling High Demand; Fusaka Upgrade May Mitigate Spikes

The post Ethereum Blob Fees Reach 42,000 Gwei ATH, Signaling High Demand; Fusaka Upgrade May Mitigate Spikes appeared on BitcoinEthereumNews.com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → Ethereum blob fees reached an all-time high of 42,000 Gwei on October 30, 2025, signaling strong demand for the network’s data availability layer used by Layer-2 solutions. This spike reflects intense competition among rollups, though it highlights the need for upgrades like the upcoming Fusaka hard fork to stabilize costs. Ethereum blob fees hit 42,000 Gwei ATH on October 30, 2025, driven by high Layer-2 demand. Layer-2 rollups competed for resources, causing fees to remain elevated above 20,000 Gwei for nearly an hour. The Fusaka upgrade, scheduled for December 3, 2025, includes EIP-7918 to bound blob fees and improve L1 efficiency for rollups. Ethereum blob fees surge to 42,000 Gwei ATH amid booming Layer-2 demand—will Fusaka fix the volatility? Discover how this impacts ETH users and the network’s future. Stay informed on crypto upgrades today. COINOTAG recommends • Professional traders group 💎 Join a professional trading community Work with senior traders, research‑backed setups, and risk‑first frameworks. 👉 Join the group → COINOTAG recommends • Professional traders group 📊 Transparent performance, real process Spot strategies with documented months of triple‑digit…
Share
BitcoinEthereumNews2025/11/01 19:58
Is Doge Still The Best Crypto Investment, Or Will Pepeto Make You Rich In 2025

Is Doge Still The Best Crypto Investment, Or Will Pepeto Make You Rich In 2025

The post Is Doge Still The Best Crypto Investment, Or Will Pepeto Make You Rich In 2025 appeared on BitcoinEthereumNews.com. Crypto News 18 September 2025 | 13:39 Is Dogecoin actually running out of gas, after making people millionaires overnight? As investors hunt for the best crypto to buy now and the best crypto to invest in 2025, Dogecoin still owns the meme spotlight, yet its upside looks capped according to today’s Dogecoin price prediction. Focus is shifting toward projects that marry community with real on chain utility. People searching best crypto to buy now want shipped products, audits, and transparent tokenomics. That frames the honest matchup for this cycle, Dogecoin versus Pepeto. Meet Pepeto, an Ethereum based meme coin built with live rails, PepetoSwap for zero fee trading and Pepeto Bridge for smooth cross chain moves. By blending story with tools people can touch today, and speaking directly to crypto presale 2025 demand, Pepeto puts utility, clarity, and distribution first. In a market where older meme coins risk drifting on sentiment, Pepeto’s delivery gives it a credible seat in the best crypto investment debate. First, here is why Dogecoin may be fading. Dogecoin Price Prediction Is Dogecoin Losing Momentum Remember when Dogecoin made crypto feel effortless. In 2013, Doge turned an internet joke into money and a movement that welcomed everyone. A decade later the market is tougher and the relentless tailwind is gone, sentiment is choppier and patience matters. With Doge near $0.268, the setup reads bearish to neutral for the next few weeks. If the $0.26 shelf holds on daily closes, expect choppy range trading toward $0.29 to $0.30 where rallies keep stalling. Lose $0.26 and momentum often slides into $0.245 with risk of a deeper probe toward $0.22 to $0.21. Close back above $0.30 and the downside bias is likely neutralized, opening room for a squeeze into the low $0.30s. Beyond the price view, Dogecoin still centers…
Share
BitcoinEthereumNews2025/09/18 18:56