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Home News Golden Trump Statue Holding Bitcoin Erected Outside US Capitol Sparks Frenzy

Golden Trump Statue Holding Bitcoin Erected Outside US Capitol Sparks Frenzy

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Golden Trump Statue Holding Bitcoin Erected Outside US Capitol Sparks Frenzy

A massive golden statue of Donald Trump clutching a Bitcoin appeared near the U.S. Capitol on September 17, drawing crowds, cameras, and plenty of debate. The temporary 12-foot installation was funded by a group of crypto investors aiming to spark conversation about politics, finance, and the future of money.

Crypto Collective Installs Statue Outside Capitol

D.C. residents woke up to the sight of the towering golden Trump figure standing tall on 3rd Street, directly across from Congress. The spectacle quickly gained attention on social media as photos spread of the former U.S. President depicted in gleaming gold while holding a Bitcoin. According to organizers, the stunt was not random. Instead, it was designed to mark the Federal Reserve’s decision to cut interest rates, an event that often stirs crypto markets.

Hichem Zaghdoudi, a spokesperson for the group, explained that the statue was “a symbol of the intersection between modern politics and financial innovation.” He added that the team wanted people to reflect on how government monetary policy impacts the rise of digital assets like Bitcoin. Organizers confirmed the installation was temporary, on display only between 9 a.m. and 4 p.m.

A reference to the increasing Trump friendliness toward crypto-friendly policies was also in the statute. In the last year, he has tilted towards digital assets in his campaign by vowing to introduce a regulatory framework that would be conducive to innovation. The investors were sending signals of celebration and provocation by staging the golden monument in front of Congress because they wanted legislators to give deliberation to the rising power of crypto.

Trump’s Push for Lower Rates and Market Effects

In addition to crypto symbolism, the statue also put emphasis on the long-standing demand by Trump to have lower interest rates. During his tenure in office, he has persistently pushed Federal Reserve Chair Jerome Powell to provide more drastic cuts, publicly bashing him. Trump has reasoned that the low cost of borrowing would generate growth, boost asset prices, and empower his economic plan.

Reduction in interest rates has an effect on Bitcoin and the overall markets. Reduced returns in bonds and savings accounts make more risky assets such as crypto attractive. Simultaneously, the low cost of debt will stimulate leveraged speculation in markets, contributing to rallies. This connection of money easing and online currency is a reason why the installation attracted such a large number of traders, as well as investors.

Powell has on many occasions opposed political pressure to interfere with the independence of the Fed, despite Trump’s vocalizing it. Nevertheless, due to the date when the statue was made, just after a rate reduction was confirmed, one can think that Trump still has a strong voice in the debate. To crypto enthusiasts, the golden spectacle was a political stunt, as well as a reminder of the role of monetary policy in determining the future of Bitcoin.

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