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Bitcoin Is America’s New Gold In The Trump Era: Howard Lutnick

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Bitcoin Is America’s New Gold In The Trump Era: Howard Lutnick - Bitcoinist

Quick Summary:

The first hundred days of President Donald Trump’s return to the White House have produced a string of Bitcoin-centric policy moves, capped by Commerce Secretary Howard Lutnick’s forceful comparison of the asset to "gold” and his declaration that it now enjoys unequivocal federal backing.

That rarity is its value,” he said.“Once the United States of America embraces something, you’ve never seen the United States of America turn its back on it later.

He acknowledged that, for the moment, Bitcoin must share the West Wing’s bandwidth with a sweeping trade-realignment package and an aggressive peace initiative.


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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-29 @ 10:30:27 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 662 words

Reading Time: 4 minutes read

Sentences: 41 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28284420

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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The story "Bitcoin Is America’s New Gold In The Trump Era: Howard Lutnick" was covered 19 hours ago by Bitcoinist, a news publisher based in Hungary.

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It's most recent story was published 9 hours ago.

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