Donald Trump backs bitcoin adoption, citing its economic benefits, support for the dollar, and role in US leadership in crypto innovation.

President Donald Trump is backing Bitcoin, calling it a vital American asset that the US must continue to dominate.

President Donald Trump thinks adopting Bitcoin as a payment option can take pressure off the U.S. dollar. He said: "I noticed more and more you pay in Bitcoin... I mean, people are saying it takes a lot of pressure off the dollar,

Bitcoin (BTC) is slowly rising closer to its all-time high as a mix of political, institutional, and regulatory catalysts converge, giving bulls the momentum they’ve been waiting for. Since hitting a low of $98,

Now, after the U.S. Senate passed a crypto bill predicted to “unleash trillions,” the bitcoin price is braced for a Federal Reserve earthquake after Trump renewed his attack on chair Jerome Powell over interest rates as U.S. debt tops $37 trillion.

Bitcoin held its ground on Friday as investors weighed the possibility of a significant shift at the Federal Reserve. Reports suggest that former President Donald Trump is considering replacing Fed Chair Jerome Powell,