Trump declares end to ‘war on crypto,’ vows to propel America to Bitcoin supremacy

Trump brands the Biden era as a crypto setback, .President Trump vows to make America the Bitcoin leader, ending Operation Chokepoint 2.0 and bolstering crypto strategies.

Mar 08, 2025

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In a historic move, President Trump has declared an end to the "war on crypto," vowing to propel America to Bitcoin supremacy by ending Operation Chokepoint 2.0 and bolstering crypto strategies. This shift marks a significant departure from previous policies, positioning the U.S. as a leader in digital assets. Meanwhile, market volatility continues to grip Bitcoin, with realized volatility surging amidst extreme price swings. Additionally, a major security breach has hit Ripple's co-founder, with 213 million XRP stolen in a hack linked to a LastPass password vault breach.

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The global crypto market cap is $2.83 trillion, with a 24-hour volume of $85.03 billion. The price of Bitcoin is $86,012.66, and BTC market dominance is 60.3%. The price of Ethereum is $2,174.96, and ETH market dominance is 9.3%. The best-performing sector is Prediction, which gained 7%. The Crypto Fear & Greed Index is currently Extreme Fear (28).