Donald Trump Makes History with First Bitcoin Transaction
Donald Trump made history by completing his first Bitcoin transaction, signaling growing support for cryptocurrency. During a campaign stop at PubKey, a New York bar that accepts Bitcoin, Trump purchased $998.70 worth of "Bitcoin Burgers" using the Strike app via the Lightning Network. While met with initial boos, the crowd later cheered him on.
Trump's involvement in crypto includes launching World Liberty Financial and disclosing $1 million in Ethereum holdings. His Bitcoin transaction, paired with a 0.50% Fed rate cut, contributed to Bitcoin’s price surge to $62,081, boosting market optimism.
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