Crypto investors have installed a giant, gold-colored statue of Donald Trump holding a Bitcoin near the U.S. Capitol. A towering 12-foot golden statue of Donald Trump holding a Bitcoin appeared outside the U.S. Capitol. On Wednesday, September 17, D.C. residents…Crypto investors have installed a giant, gold-colored statue of Donald Trump holding a Bitcoin near the U.S. Capitol. A towering 12-foot golden statue of Donald Trump holding a Bitcoin appeared outside the U.S. Capitol. On Wednesday, September 17, D.C. residents…

Giant golden Trump statue holding Bitcoin appears outside US Capitol

Crypto investors have installed a giant, gold-colored statue of Donald Trump holding a Bitcoin near the U.S. Capitol.

Summary
  • A golden statue of the U.S. President Donald Trump appeared near the Capitol
  • According to organizers, the temporary installation serves to celebrate the Fed’s interest rate cut
  • Trump has been pushing for lower interest rates almost as soon as he took office

A towering 12-foot golden statue of Donald Trump holding a Bitcoin appeared outside the U.S. Capitol. On Wednesday, September 17, D.C. residents reported seeing the surreal installation on 3rd Street, across from the seat of the U.S. legislature.

According to ABC7 News, a “collective of crypto investors” funded the installation. According to the organizers, the intent was to celebrate the Federal Reserve’s decision to cut interest rates and the expected effects on Bitcoin’s price.

Organizers also wanted to pay tribute to Trump’s support for crypto asset regulations. The installation was temporary, appearing at that location between 9 AM and 4 PM on Wednesday, September 17.

Trump continuously pushed for lower interest rates

Trump has continuously pressured Jerome Powell to lower interest rates, hurling derogatory names at the Fed Chair. The U.S. President wants dramatic rate cuts in an effort to boost economic activity, economic growth, and asset prices. However, so far, Powell has resisted Trump’s pressures, protecting the Fed’s independence.

Interest rates have a significant effect on markets. Lower interest rates make riskier assets more attractive by reducing yields on bonds and other fixed-income products. At the same time, they lower borrowing costs, making leveraged long trades more attractive.

Piyasa Fırsatı
NEAR Logosu
NEAR Fiyatı(NEAR)
$1.528
$1.528$1.528
-0.71%
USD
NEAR (NEAR) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…
Paylaş
BitcoinEthereumNews2025/09/18 02:13
Zoetis to Participate in the 44th Annual J.P. Morgan Healthcare Conference

Zoetis to Participate in the 44th Annual J.P. Morgan Healthcare Conference

PARSIPPANY, N.J.–(BUSINESS WIRE)–$ZTS #animalhealth—Zoetis Inc. (NYSE:ZTS) will participate in the 44th Annual J.P. Morgan Healthcare Conference on Monday, January
Paylaş
AI Journal2025/12/18 21:36
New Crypto Investors Are Backing Layer Brett Over Dogecoin After Topping The Meme Coin Charts This Month

New Crypto Investors Are Backing Layer Brett Over Dogecoin After Topping The Meme Coin Charts This Month

Climbing to the top of the meme coin charts takes more than a viral mascot or celebrity tweets. Hype may spark attention, but only momentum, utility, and adaptability keep it alive. That’s why the latest debate among crypto enthusiasts is catching attention. While Dogecoin remains a household name, a new player has entered the arena […] The post New Crypto Investors Are Backing Layer Brett Over Dogecoin After Topping The Meme Coin Charts This Month appeared first on Live Bitcoin News.
Paylaş
LiveBitcoinNews2025/09/18 00:30