Senator Cynthia Lummis claims that Trump is assembling a team to advocate for Bitcoin and blockchain technology.
The leadership team plans to integrate Bitcoin, crypto, and blockchain into a U.S.-centric 21st-century economy.
The excitement for new announcements and developments, particularly President-elect Donald Trump, pushes the Bitcoin market to new highs. Today, the market reacted to another level with Senator Cynthia Lummis’s new statement linking Trump to pro-Bitcoin initiatives.
Sharing a video on Twitter, Lummis claimed, “President Trump is assembling an army to fight for Bitcoin,” sparking curiosity and debate among crypto enthusiasts.
President Trump is assembling an army to fight for bitcoin. pic.twitter.com/gPAReUHS4V
— Senator Cynthia Lummis (@SenLummis) November 27, 2024
Further, Lummis highlighted Trump’s efforts to bring a Bitcoin-friendly administration, emphasizing the growing importance of digital assets. According to the senator, Trump’s team not only recognizes Bitcoin’s potential but also envisions a broader integration of blockchain and AI technologies to “anchor the United States as a leader in the 21st-century global economy.”
Senator Lummis’ Advocacy and Bitcoin Price Surge
Lummis has been an outspoken advocate for Bitcoin, a stance that has recently gained significant attention from key players in the crypto market.
Also, Lummis has consistently compared Bitcoin to gold and oil in terms of its economic significance. Even recently, she proposed a strategy for the U.S. to reserve Bitcoin, suggesting an acquisition of 200,000 BTC with a long-term goal of reaching one million BTC within two decades.
However, following Cynthia Lummis’s current announcement, BTC climbed back to the $93K zone after plunging to $90K earlier today. At the time of writing, BTC is priced at $93,377, a 1.5% increase in the past 24 hours. On Nov 23, BTC recorded an all-time high of $99,655.
Highlighted News Of The Day
Investors React as Trump’s Crypto Gains Surge by $2M
