As President-elect Donald Trump 
Donald Trump
Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election
President
prepares to take office on 20th Jan, the spotlight is on Bitcoin. Many believe his pro-crypto policies could lead to a significant price surge for Bitcoin, while debates about adopting a national Bitcoin reserve are gaining momentum. Could this be the beginning of a new financial chapter for the U.S.?
Trump’s Administration Sparks Bitcoin Optimism
With Trump’s inauguration just around the corner, speculation is growing about how his administration might support cryptocurrencies. Some analysts predict that Bitcoin’s price could rise to $130,000 or even $150,000 if Trump announces crypto-friendly policies.
One of the most talked-about ideas is Senator Cynthia Lummis
Cynthia Lummis
Cynthia Lummis is a U.S. Senator and an advocate of cryptocurrency regulation in the United States. A passionate advocate for Bitcoin, she backs initiatives that foster blockchain advancement while providing regulatory certainty.
Quick Facts
Full name
Cynthia Marie Lummis Wiederspahn
Birth
10-09-1954, Cheyenne, Wyoming, United States
Nationality
American
Education
Juris Doctor from the University of Wyoming
Husband/Partner
Alvin Wiederspahn
Net worth
$13 million estimated
Cynthia Lummis introduced the BITCOIN Act of 2025, an innovative legislation that outlines a national cryptocurrency framework aimed at creating a Strategic Bitcoin Reserve (SBR) to improve America’s financial safety, international competitiveness, and economic independence.
Cynthia Lummis - Timeline and Events
2009 – Elected as U.S. Representative for Wyoming.
2013 – Advocated for digital financial innovation in Congress.
2020 – Elected as U.S. Senator, openly supporting Bitcoin.
2021 – Formed the Financial Innovation Caucus for crypto legislation.
2022 – Co-introduced the Lummis-Gillibrand Responsible Financial Innovation Act.
2023 – Pushed for clearer crypto regulations in the U.S. Senate.
2024 – Continued advocating for Bitcoin-friendly policies in Congress.
Through her efforts in Congress, she aims to establish the U.S. as a worldwide leader in blockchain technology, promoting financial innovation while safeguarding investor protection.
Useful Links To Connect With Cynthia Lummis
Platform
Link
X (formerly Twitter)
twitter.com/CynthiaMLummis
LinkedIn profile
linkedin.com/in/cynthia-lummis
Bitcoin policy blog
bitcoinpolicyinstitute.org
Official website
lummis.senate.gov
Useful Links To Connect With Cynthia Lummis
Platform
Link
X (formerly Twitter)
twitter.com/CynthiaMLummis
LinkedIn profile
linkedin.com/in/cynthia-lummis
Bitcoin policy blog
bitcoinpolicyinstitute.org
Official website
lummis.senate.gov
Investor
BITCOIN Act of 2024, which proposes the Treasury buy 1 million BTC over the next five years. Supporters believe this move could strengthen the U.S. economy and reduce reliance on traditional monetary systems.
Bitcoin Reserve Debate Continues
The idea of a national Bitcoin reserve has sparked a mix of hope and concern. Supporters, like Suriname’s presidential candidate Maya Parbhoe, argue that Bitcoin could help countries escape the problems of inflation and reckless fiscal policies.
She believes adopting Bitcoin would bring stability and protect citizens’ wealth, comparing its importance to the internet in the 1990s.
However, critics warn of potential risks. Nic Carter, a Bitcoin expert, said that while Bitcoin works well for smaller countries like El Salvador, it could destabilize the U.S. financial system.
Others, like former New York Fed President Bill Dudley, worry that funding a Bitcoin reserve could increase national debt or cause inflation.
Meanwhile, Ki Young Ju, CEO of CryptoQuant, raised a key question calling it a “chicken-and-egg” question.
Should Bitcoin adoption happen because the dollar is losing strength, or will adopting Bitcoin trigger the dollar’s decline?
On-Chain Metrics Offer Hope
mid the debates, on-chain data is giving Bitcoin fans more reasons to be hopeful. The Coinbase premium, a metric that shows U.S. demand for Bitcoin, turned positive recently, signaling renewed interest from American investors.
As Bitcoin’s price edges closer to its ATH of $108K, this renewed demand could push it even higher.
