News
  • Mustafa Mulla
    author-profile

    Mustafa Mulla right arrow

    Author

    Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

    • author twitter
    • linkedin

  • 1 minute read

Crypto News: Trump Plans to Buy Bitcoin With Global Tariff Revenue!

Story Highlights
  • Trump administration may use tariff revenue to buy Bitcoin, giving crypto investors fresh hope worldwide.

  • Trump wants strategies to buy more Bitcoin without adding any extra cost for U.S. taxpayers.

  • Bitcoin jumps 15%, trades above $85,000, and could soon hit the $90,000 resistance level.

As global tariff tensions heat up and financial markets stay shaky, crypto investors have found a surprising silver lining. The Trump administration has announced plans to use money collected from tariffs to buy Bitcoinโ€”yes, you read that right. With Bitcoin already down 25% from its recent high, the timing has caught everyoneโ€™s attention.

Is the U.S. government really preparing to buy the dip?

Hereโ€™s whatโ€™s unfoldingโ€”and why it could shake up both politics and crypto.

Strategic Crypto Reserve In the Making

Last month, President Donald Trump signed an executive order to create a strategic cryptocurrency reserve. The plan involves using digital tokens the government already owns and finding new ways to expand those holdings. Trump has asked the Commerce and Treasury Secretaries to come up with budget-neutral strategiesโ€”meaning the government can buy more Bitcoin without adding to the national debt or raising taxes.

One idea being discussed in the White House is using tariff revenue to fund Bitcoin purchases. This would allow the U.S. to build its crypto reserves without borrowing money or asking more from taxpayers.

While still in the planning stage, this move shows that the government is open to fresh ideas about managing public funds.

Lummis Pushes the โ€œBitcoin Act of 2025โ€

Senator Cynthia Lummis is also stepping in with her proposalโ€”the โ€œBitcoin Act of 2025.โ€ She wants to revalue U.S. gold certificates, which are currently worth less than the real price of gold. Adjusting their value could free up extra funds that the government could use to buy Bitcoin and strengthen its crypto holdings.

Bitcoin Aims for $90K

Bitcoin is showing strength again after bouncing back from a recent dip. The price has jumped by 15% and is now trading around $85,350, with its market cap rising to $169 trillion.

Right now, Bitcoin is holding above $84,000 and staying strong above the 100-hour simple moving average. A rising trend line is also forming, with support around $85,200, suggesting buyers are still in control.

Looking ahead, Bitcoin faces resistance near $85,800, with the next major barrier at $87,200. If it breaks through these levels, the price could continue climbingโ€”possibly reaching the $90,000 mark in the coming days.

Show More

Related Articles

Back to top button