According to the latest documents from the U.S. Federal Election Commission, Trump 47 Committee, a political action committee supporting Trump, raised about $7.5 million in cryptocurrency donations from July 1 to September 30, including BTC, ETH, XRP, USDT and USDC.

The documents show that at least 18 donors contributed more than $5.5 million worth of BTC, and another seven donated about $1.5 million in ETH. Despite the overall volatility of the cryptocurrency market, Bitcoin has remained strong and has become the first choice for donors. This fundraising event not only demonstrates the potential of cryptocurrency in political donations, but also reflects the status of Bitcoin in the minds of investors.