Trump disclosed $1.4B in crypto income and admitted political motives behind his pro-crypto pivot. Bitcoin edged up 0.4% after his remarks. Critics call it corruption.
Alpha Score of 46 reflects weak overall profile with moderate momentum, poor value, moderate quality, weak sentiment.
President Donald Trump said Monday he became a supporter of cryptocurrency for political reasons and after watching the industry generate enormous profits. Speaking from the Oval Office, he called himself a "big crypto guy" and warned that if the U.S. did not embrace digital assets, China would. He also disclosed that his family earned more than $1.4 billion from crypto-related businesses in 2025, according to his latest financial disclosure. The bulk came from World Liberty Financial and the sale of the $TRUMP meme coin.
Bitcoin edged up 0.4% to $63,822 after Trump's remarks, recovering from a 2% slide earlier in the session. The price remains well below its historic peak of over $126,000 last year. The earlier drop followed Strategy's liquidation of $216 million of its Bitcoin stash, walking back Michael Saylor's "never sell" mantra, according to Cryptopolitan. For more on Bitcoin's price action, see the Bitcoin (BTC) profile.
Trump's shift marks a complete reversal from his first term, when he called Bitcoin a scam. In the years since, the Trump family built significant commercial ties to the crypto sector. The New York Times reported Sunday that while nearly one million $TRUMP meme coin investors lost $3.81 billion, Trump personally captured upwards of $600 million from the market. He earned another $800 million from World Liberty Financial. The New York Times, which broke that story, carries an AlphaScala Score of 47, reflecting mixed sentiment in the communication services sector.
The political dimension is hard to miss. The crypto lobby poured roughly $170 million into the 2024 election and plans to ramp up funding for pro-crypto candidates this November, the report said. Trump acknowledged that he dipped into the industry partly for political reasons after realizing the size of the fanbase. For broader context on crypto market dynamics, see crypto market analysis.
Critics pounced. Senator Elizabeth Warren accused Trump of "brazen crypto corruption." Illinois Lieutenant Governor Juliana Stratton, running for the Senate, called his "infinite greed disgusting." Trump pushed back, saying his interest in crypto is "not a personal thing." He added that he never discusses crypto with his children.
In the same briefing, Trump boasted that his administration shut down federal enforcement actions targeting corruption in the crypto market. The Securities and Exchange Commission has halted several inquiries and dropped or settled active cases against digital asset firms, including some that backed Trump financially. "Every time I see a crypto guy where they dropped an investigation, I said: 'You're lucky I'm president,'" Trump said.
The new "Trump Accounts" program, a 503A investment vehicle for children, opened over the holiday weekend. It hands $1,000 starter investments to any U.S. child born between January 1, 2025, and the end of 2028, with funds placed in diversified ETFs. When asked whether the accounts would accommodate Bitcoin, Trump left the door open. He made no definitive promise.
The White House has not said whether crypto will be included in the Trump Accounts program.
Prepared with AlphaScala research tooling and grounded in primary market data: live prices, fundamentals, SEC filings, hedge-fund holdings, and insider activity. Each story is checked against AlphaScala publishing rules before release. Educational coverage, not personalized advice.