




The towering effigy, positioned on 3rd Street opposite Union Square on the National Mall, depicts Trump in a triumphant pose, one hand raised as if endorsing the cryptocurrency he has long championed. Unveiled mere hours before the Federal Reserve's announcement of a 25-basis-point interest rate cut—lowering the federal funds rate to 4.00%-4.25%—the installation was framed by organizers as a "tribute to Trump’s visionary leadership and unwavering commitment to advancing the future of finance through Bitcoin and decentralized technologies." The event, broadcast live on social media, drew thousands of virtual viewers and quickly went viral, with posts comparing it to a modern "golden calf" from biblical lore.
Funded by a cryptocurrency investment group tied to the $DJTGS memecoin project, the temporary statue—complete with an alleged display permit shared on X—aims to spotlight Bitcoin's role as "digital gold" amid Trump's vocal pro-crypto stance. During his presidency and beyond, Trump has positioned himself as a Bitcoin advocate, promising regulatory relief and even floating ideas like a national Bitcoin reserve. The stunt's website hails him as the "Bitcoin President," crediting his support for lending legitimacy to the $2 trillion crypto market.
The spectacle's timing amplified its impact: Lower interest rates are widely viewed as a boon for risk assets like Bitcoin, which surged over 5% in the following trading session. Social media erupted with reactions, from crypto bulls hailing it as a "bold financial statement" to critics decrying it as gaudy excess or a ploy to sway policy. One X user quipped, "Crypto is no longer underground, now visible for everyone," while others speculated on its ties to Trump's reelection bid.
This audacious display extends far beyond US borders, highlighting crypto's deepening entanglement with global politics. In Russia, where President Vladimir Putin has oscillated between crypto crackdowns and cautious embrace—recently legalizing Bitcoin mining in energy-rich regions amid Western sanctions—the event resonates as a symbol of decentralized finance's disruptive potential. Russian state media covered the unveiling, framing it as evidence of Bitcoin's weaponization in geopolitical rivalries, with analysts noting parallels to Moscow's own experiments in digital rubles and cross-border crypto trades to evade SWIFT restrictions. "From Capitol Hill to the Kremlin, Bitcoin is no longer fringe—it's a lever of power," observed one Moscow-based fintech expert in a Telegram thread.
As the statue stands (temporarily) as a shiny beacon on the National Mall—roughly a mile from the White House—the incident serves as a vivid reminder: In 2025, the worlds of memes, markets, and mandates are converging, with crypto at the epicenter. Whether this golden gesture sways voters, regulators, or Bitcoin's price remains to be seen, but one thing is clear—digital currencies are etching their mark on the political landscape, one block at a time.