Bitcoin Price Boosted by Trump’s Crypto Statement – BTC Expected to Hit a New ATH

By: crypto ro|2025/05/14 19:45:04

Key PointsUS President Donald Trump reiterated the idea that he’s a big crypto fan.His statement highlighted the upcoming shift in the US crypto policy, pushing BTC prices higher.The US President, Donald Trump, has stated once again that he’s a big crypto fan, triggering a slight surge in Bitcoin’s price. Trump has been showing his support for the industry since his Presidential campaign in 2024.Bitcoin Price SurgesToday, Bitcoin is trading in the green and the digital asset recorded a slight price surge in the past hour, following Trump’s crypto-related statements.At the moment of writing this article, BTC is trading above $103,700, following a drop below $103,000 earlier today.BTC price in USD todayIn the past seven days, Bitcoin recorded an ascendant trajectory, surging from $96,000 levels to over $105,000 on May 12 – a price level not seen since January of this year.BTC’s price is pushed upwards amidst market optimism, continued institutional interest, and the recent trade war-related deal between China and the US announced by the White House.Trump Remains a Crypto SupporterToday, Bitcoin’s price reacted to Trump’s statement in which he highlighted the fact that he’s a big fan of crypto.This could signal a definitive shift in the US crypto-related policy, which could trigger more investments in the ecosystem, energizing tech innovators and crypto advocates as well.Trump showed his intense support for Bitcoin and the crypto industry in 2024 during his presidential campaign.Since then, he launched his own memecoin, TRUMP, and even signed an Executive Order for Creating a Strategic Bitcoin Reserve and a Crypto Stockpile in the country.Also, the Trump family has its own crypto project called World Liberty Financial (WLFI), mirroring support for the industry.BTC Nears a New ATHBitcoin reached its ATH above $106,000 following the US elections, which revealed that Trump became the new President of the US, and despite price volatility, Bitcoin is now getting closer to its previous ATH.Optimism remains alive in the crypto market, amidst hope for a better future for the crypto industry.

The widespread adoption of on-chain financial applications still faces an invisible barrier: the lack of transaction order certainty. Under a single leader architecture, nodes can delay, censor, or even front-run user transactions, thus completely distorting the game among market makers, bidders, an...

Founder of Delphi Labs: My observations and feelings about the AI ecosystem in China in two weeks

Delphi Labs co-founded a deep observation of China's AI ecosystem: hardware manufacturing is quietly winning the global war at an astonishing speed, but the software sector is mired in an overvaluation bubble and the homogenization of founders.

AI Seating Chart Released | Rewire News Morning Brief

Musk and Ultraman are not above

Is the era of Embodied AI's "GPT Moment" Approaching? Axis Robotics Announces End of Testing, Set to Launch on Base Chain

Axis's answer is yes - provided that a thorough reshaping of the scale-up production of robotic data is required, and a redefinition of the deployment paradigm in the physical world.

Meta Layoff Explained: On the same day as laying off 700 people, they handed out $90 billion in retention bonuses to executives

The money saved from laying off 700 people is approximately equivalent to Meta's 1.5 days of AI infrastructure spending

Binance Cracks Down on Market Makers, a Long-overdue Trial

True accountability requires regulatory involvement, enforcement agencies, rather than allowing the exchange to act as its own judge.

Wall Street Collective Bearish on 2026, Will the Oil Crisis Trigger a Recession?

「There is no middle ground; the result will definitely be one of two extremes.」

Hollywood's AI Necromancy: Death Is No Longer the End of Labor

Post-Mortem Economics

a16z: DeFi Struggling to Support a True Financial Market

More important than throughput is the determinism and fairness of transaction execution.

Morning News | Bitmine launches institutional Ethereum staking platform MAVAN; Franklin Templeton launches tokenized ETF; Morgan Stanley to issue and sponsor Bitcoin ETF

Overview of Important Market Events on March 25

Kalshi early employees: Whoever controls the traffic controls the market

Robinhood can decide where tens of millions of contracts go with the flip of a switch, while the exchanges do all the hard work but cannot control their own fate.

Tether signs contracts with four major audits, Circle's compliance moat collapses, stock price plummets by 20%

USDT, with a market value of 184 billion dollars, is undergoing its first comprehensive inspection in history.