Bitcoin News Today: Trump's Policies Boost Crypto Market as Bitcoin Hits $120,000 and Ethereum Surges 80%

Trump’s statements and executive actions have injected renewed optimism into the cryptocurrency market, with Bitcoin and other digital assets benefiting from heightened investor confidence. Following the ’s public remarks on geopolitical developments and economic strategies, traders are closely monitoring how these factors might influence risk appetite and digital asset prices. Trump's ongoing engagement with global leaders has been viewed as a potential catalyst for easing economic concerns, which could indirectly benefit crypto markets [4].

The market has also responded positively to Trump’s recent legislative and executive moves. Earlier this year, he signed into law the creation of a strategic crypto reserve, a move that has positioned U.S. Bitcoin holdings above $24 billion and signaled institutional backing for digital assets [2]. On August 3, he signed an executive order allowing for the inclusion of cryptocurrencies and private equity in investment portfolios, marking a significant regulatory shift toward alternative assets [3]. These developments have reinforced the perception that the U.S. government is increasingly open to the adoption of cryptocurrencies.

Bitcoin, in particular, reached a record high near $120,000 in early August, driven in part by Trump’s influence on the financial landscape. Analysts suggest that this momentum could be sustained if Trump continues to make progress in diplomatic engagements, which could further enhance demand for high-risk assets [6]. Ethereum has also seen a notable 80% increase in value over a month, prompting advisors like Michael Poppe to recommend strategic profit-taking during market corrections. Poppe advised investors to sell part of their holdings during sharp gains, wait for a pullback, and then re-enter the market [5].

SEI Coin remains in a strong position, trading near local peaks and maintaining its upward structure. With the integration of Monaco into the SEI network, supported by Sei Labs, the coin’s ecosystem is expanding, raising expectations for real-world asset (RWA) integration [1]. Analysts are watching closely whether it can break through the $0.39 level to maintain its bullish trajectory.

On-chain data has also revealed that entities linked to Trump, including World Liberty Financial, have been accumulating Ethereum during recent price dips. This activity has added speculative energy to the crypto market and has contributed to heightened volatility in August [5]. The broader political climate, including speculation about Trump-led peace talks, has further fueled discussions around the role of cryptocurrencies in geopolitical stability and economic policy.

Corporate treasuries are also showing interest in cryptocurrencies, particularly stablecoins, as a key area for growth in 2025. This trend is being driven by both regulatory shifts and increasing demand from institutional investors [7]. The evolving narrative around digital assets is shifting from speculative tools to potential cornerstones of wealth, with Trump’s appointments, statements, and policies reinforcing this shift [8].

As the crypto market navigates these developments, the interplay between political statements and economic policies will continue to shape investor sentiment. The coming weeks will be critical in determining whether Trump’s influence can sustain the current upward trajectory of digital assets or if broader economic factors will take precedence.

Sources:

[1] https://coinmarketcap.com/community/articles/68a370fd5ddfea56882ec593/

[2] https://www.mitrade.com/insights/news/live-news/article-3-1048517-20250818

[3] https://www.aol.com/finance/bitcoin-crypto-stocks-rally-ahead-130149760.html

[4] https://www.ainvest.com/news/trump-hosts-ukraine-russia-peace-summit-crypto-market-volatility-regulatory-shifts-2508/

[5] https://www.mitrade.com/au/insights/news/live-news/article-3-1048765-20250819

[6] https://www.aol.com/finance/bitcoin-tops-120-000-investor-164609800.html

[7] https://ctmfile.com/story/corporate-treasurys-2025-crypto-turning-point-ignited-by-stablecoins

[8] https://stansberryresearch.com/stansberry-digest/this-shift-could-make-crypto-a-cornerstone-of-wealth-2