Trump’s Bitcoin Statue Erected at US Capitol as Fed Slashes Rates
Bitcoin just got its monument—and its moment. A bronze statue of Donald Trump, Bitcoin in hand, now stands at the US Capitol. The timing? Impeccable. The Federal Reserve just cut rates, sending traditional markets into a predictable frenzy of over-leveraged euphoria.
Political Theater Meets Monetary Policy
Love him or loathe him, Trump’s latest stunt merges politics and crypto in a way nobody saw coming. The statue’s unveiling coincided perfectly with the Fed’s decision—almost as if it were planned. Bitcoin surged on the news, because of course it did. When fiat weakens, crypto flexes.
What This Means for Crypto
This isn’t just symbolism—it’s signal. Institutional adoption isn’t creeping in anymore; it’s crashing the gates. With the Fed cutting rates, smart money’s looking for hard assets. And what’s harder than a blockchain? Maybe that bronze Trump.
Wall Street’s still trying to price in the 'emotional beta' of a Trump statue, but crypto traders? They’re already three steps ahead. Always are.
Fed rate cut marks shift in policy
At 2 p.m., the Federal Reserve announced a quarter-point reduction of its key interest rate, lowering it to approximately 4.1% from 4.3%.
This marks the central bank’s first rate cut since December 2024, a response to slowing job growth and rising unemployment.
The Fed also indicated plans for two additional cuts in 2025, but only one is forecast for 2026, falling short of Wall Street’s expectations for five cuts by next year.
Statue funded by bitcoin advocates
The Trump statue stood on 3rd Street from 9 a.m. to 4 p.m. as a temporary installation, funded by a group of bitcoin investors.
Organizers described the piece as a catalyst for discussion about the direction of digital currency, US monetary policy, and the federal government’s influence in financial markets.
Hichem Zaghdoudi, a spokesperson for the collective, explained:
“The installation is designed to ignite conversation about the future of government-issued currency and is a symbol of the intersection between modern politics and financial innovation. As the Federal Reserve shapes economic policy, we hope this statue prompts reflection on cryptocurrency’s growing influence.”
Tribute to Trump’s bitcoin stance
Group members noted the statue also pays tribute to Trump’s vocal support for bitcoin, aiming to draw attention from the public and lawmakers alike.
The artwork arrives at a time when debate over the role of bitcoin in the US economy is intensifying, particularly as the Fed’s actions continue to affect both traditional and digital asset markets.