Golden Trump Statue Holding Bitcoin Unveiled Outside US Capitol

A 12-foot golden statue of former U.S. President Donald Trump holding a Bitcoin has been installed in front of the Capitol in Washington.

According to ABC affiliate WJLA, the work was funded by cryptocurrency investors. The unveiling coincided with the Federal Reserve’s announcement of a 25-basis-point interest rate cut.

Organizers stated that the statue is intended to spark debate on the future of digital currencies, monetary policy, and the federal government’s role in financial markets. They also noted that the piece serves as a tribute to Trump’s public support for cryptocurrencies.

Images of the statue quickly circulated on social media, attracting both support and controversy. Project initiators emphasized that their main goal is to raise public awareness about the impact that digital assets can have on the financial system.