Trump declares: The "crypto war" has ended, and he is pushing for the U.S. to become a "Bitcoin superpower."

U.S. President Donald Trump delivered a bold economic declaration at the U.S. Business Forum in Miami on November 5, calling for America to become the “world’s leading Bitcoin nation.” He announced that his administration has signed a historic executive order ending the federal government’s “war” on cryptocurrencies, positioning the executive branch as a strong supporter of digital innovation.

Since Trump won the 2024 election, Bitcoin (Bitcoin) has surged from around $69,000 to over $100,000, reaching a historic high of $122,800 in 2025, demonstrating the significant impact political support can have on crypto market sentiment.

“End of the Crypto War”: Government Shifts to Support Digital Innovation

In his speech to business leaders in Miami, Trump clearly positioned his government as a vigorous advocate for digital innovation, marking a clear shift from Washington’s early skepticism toward cryptocurrencies. He praised Miami as a symbol of America’s crypto revival and indicated this could be a hallmark policy shift in his second term.

He stated, “We are here to embrace a vital industry.” He further emphasized, “I have signed a historic executive order ending the federal war on cryptocurrencies. Cryptocurrencies were under attack, but that is no longer the case.”

Trump pointed out that cryptocurrencies have grown into a powerful industry supported by influential business leaders and major national companies. He explicitly said, “Because it is a big industry. It’s a big industry, and I have many excellent people, top businesspeople. They are involved in other businesses, but they also participate in the crypto space.”

Grand Vision: Making the U.S. a “Crypto Capital”

Trump reiterated his ambitious goal: to position the U.S. as a “Bitcoin superpower” and the “world’s crypto capital.” This echoes similar remarks he made during his campaign in Nashville last year.

He emphasized that the U.S. holds a competitive advantage over China in emerging technologies like digital currencies and artificial intelligence. However, he warned that if the U.S. does not act decisively, this advantage could quickly disappear. He urged swift and decisive action to maintain leadership in the next wave of innovation: “We are making America a Bitcoin superpower, the world’s crypto capital, and the undisputed leader in artificial intelligence.”

Discussing international competition, he warned, “We are far ahead of China. Don’t forget, if we don’t handle crypto properly, China wants to do it too. They are just getting started, but they want to do it. Other countries want to do it as well. If we don’t do this, it’s a big industry.” His remarks underscore that America’s leadership lies in embracing and guiding this emerging technology.

Market Reaction: “Trump Premium” in Bitcoin

Since Donald Trump’s victory in the 2024 election, Bitcoin prices have experienced a historic surge.

• Post-election performance: At the time of his victory, Bitcoin was trading around $69,000. Buoyed by optimistic market sentiment favoring a pro-crypto government, Bitcoin quickly surpassed $100,000 in December.
• Institutional inflows: In 2025, this rally continued, partly driven by institutional inflows into the U.S. spot Bitcoin ETF and Trump’s clear support for digital assets.
• New highs: Bitcoin reached a record high of $122,800 mid-year, followed by a brief correction but remaining stable around $115,000.

As of press time, Bitcoin is trading at approximately $103,061, up 1.55% in the past 24 hours. Trump’s influence on cryptocurrencies is undeniable, fueling record growth, price surges, and increased institutional interest.

Speculative Frenzy or a New Financial Order?

However, the close ties between the Trump family and the crypto industry, along with the enthusiasm surrounding pro-crypto policies, have also sparked controversy and market volatility. This phenomenon raises a core question: does the Trump era mark the foundation of a new financial order, or is it merely a chapter of speculation and chaos?

Trump’s Miami speech also touched on various aspects of his economic and political agenda, including record stock market highs, strong GDP growth, manufacturing revival, immigration enforcement, and a new focus on “law and order.” While these are political assertions, they collectively depict an America driven by economic nationalism and digital technological innovation.

Conclusion

Trump’s grand vision of making the U.S. a “Bitcoin superpower” is undoubtedly a milestone in mainstreaming the crypto industry. His declaration ending the “crypto war” has greatly boosted investor confidence and is reflected in a clear “political premium” on Bitcoin prices. However, this politically driven enthusiasm also brings potential regulatory and speculative risks. Over the coming year, as his policies are gradually implemented, the industry will face ongoing challenges: opportunities to embrace innovation and establish a healthy financial order, versus risks of excessive speculation and regulatory conflicts. Investors should carefully assess whether political support can translate into a sustainable and healthy industry foundation.