Vice President Vance also 'supports crypto'... A new momentum?

Cryptocurrency A to Z

Bitcoin 2025 speaker

Trump's two sons also participating

New buying trend expected

Close aides of U.S. President Donald Trump have expressed support for Bitcoin and the broader cryptocurrency industry. Analysts say this could have a positive impact on the crypto market.

According to the industry on the 1st, U.S. Vice President J.D. Vance took the stage as a speaker at 'Bitcoin 2025' held in Las Vegas on the 28th of last month, stating, "I am here to make it clear that there is finally someone in the White House who advocates and supports cryptocurrency alongside President Trump."

Vice President Vance promised to take the lead so that cryptocurrency can become mainstream in the United States. He said, "Bitcoin is more than an asset—it's a movement," and added, "I, too, am one of the 50 million Americans who hold Bitcoin. That number will soon grow to 100 million."

David Sacks, who oversees AI and crypto policy at the White House, also attended the event and commented on the U.S. Bitcoin reserves: "We are considering additional Bitcoin purchases." Sacks said, "If we find unused funds from existing budget programs, we can use them to secure more Bitcoin," and "With presidential approval, new programs could also be established." The U.S. government is estimated to hold about 200,000 Bitcoins.

President Trump's two sons, Donald Trump Jr. and Eric Trump, also attended the event and attracted attention from the industry. In particular, eldest son Donald Trump Jr. officially announced that the Trump Media & Technology Group (TMTG), the family's media company, will purchase and reserve Bitcoin valued at $2.5 billion. Crypto analytics firm Matrixport stated in a report regarding this, "A new momentum may be forming for Bitcoin reserves," and added, "This will contribute to an increase in companies holding Bitcoin and the creation of new buying trends."