Donald Trump Wants the US to Become “Bitcoin Superpower” and Global Crypto Leader

Highlights:

• Trump says U.S. aims to be the world’s Bitcoin superpower and crypto capital.
• He claims ending the federal “war on crypto” strengthens America’s financial position.
• Warns that China and other nations could take the lead if the U.S. does not act fast.

President Donald Trump said the United States aspires to become “the Bitcoin superpower” and the “crypto capital of the world” during the America Business Forum in Miami on November 5. He told business leaders that his administration is ending the federal government’s past hostility toward cryptocurrency. Trump said, “I’ve signed historic orders to stop the federal government’s war on crypto. It’s not under siege anymore.” 

Donald Trump recently stated that he hopes to make the United States a “Bitcoin superpower,” framing the move as part of the broader U.S.–China rivalry. Trump emphasized that crypto assets should be part of America’s economic strategy, and further linked Bitcoin to the U.S.…

— Wu Blockchain (@WuBlockchain) November 6, 2025

Trump Warns U.S. Must Lead Bitcoin as China and Others Eye Crypto Dominance

Trump highlighted Bitcoin’s growing influence and noted that many top business figures are now involved in the sector. He also claimed that digital assets help reduce pressure on the dollar and strengthen America’s financial position.

Trump warned that if the United States does not act quickly and strongly, other countries could take the lead in the bitcoin industry. He specifically mentioned China, saying the country wants to dominate the crypto space and is starting to make moves. He added that several other nations are also interested in growing their presence in this sector, and emphasized that bitcoin is a very large and important industry that the U.S. cannot ignore. “We’re leading China by a lot. And don’t forget, if we don’t do the crypto properly, China wants to do it. They’re starting it, but they want to do it,” he said.

Trump has consistently shown support for cryptocurrency, both during his pre-election campaigns and after taking office. In a recent CBS interview, he described crypto as a “massive industry” and said it is an important part of his economic plans. Trump expressed that he wants both cryptocurrency and artificial intelligence to stay under U.S. leadership. He said America should be first and not second in these fields. He emphasized making crypto strong for the U.S. and warned that China is investing heavily in the sector.

Trump doubles down on digital dominance:

“I only care about one thing — will the U.S. be number one in $crypto? China is getting into it very big.” pic.twitter.com/M5cG5KsqYk

— COACHTY (@TheRealTRTalks) November 3, 2025

Donald Trump’s Crypto Moves Push Bitcoin to Record High

Trump mostly talked about his crypto plans, but his team has already acted. In 2025, the White House established a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile using coins from government seizures. They have not bought Bitcoin directly.

The GENIUS Act, signed on July 18, moved stablecoin rules forward. Other digital asset laws are still going through Congress. Trump’s team also said no to a central bank digital currency, which shows their Bitcoin plan supports the dollar. These moves helped Bitcoin reach a record high of $124,000 in August.

Trump’s comments came as Bitcoin prices dipped. At the time of writing, BTC was trading at $101,400, reflecting a 2% increase in the past 24 hours. The decline follows a broader downward trend after the October 10 crash, which saw around $19 billion exit the crypto market. Mining-related stocks also fell, with most losing several percent despite earlier strong profits. Investors are facing losses, and overall interest in crypto has slowed amid high volatility.