Trump Wishes Bitcoin, Ethereum, XRP 'Happy Crypto Week!' — 'It Is All Part Of Make America Great Again'

benzinga
📅 Published: 2025-07-15 16:52 📰 Source: Benzinga ✍️ Author: Murtuza J Merchant 📝 Words: 401

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Zinger Key PointsTrump said digital assets are “the FUTURE,” and called this legislative push part of “Making America Great Again.”Passage of the GENIUS Act would mark the first major crypto law to reach a U.S. president’s desk for signature.PPI and Industrial Production drop Wednesday morning — see how Matt Maley is trading the reaction, live at 6 PM ET.U.S. PresidentDonald Trumpon Tuesday publicly called on all Republicans to vote in favor of the GENIUS Act, a sweeping crypto bill aimed at positioning the United States as the global leader in digital assets during what is now being billed as "Crypto Week."What Happened:Taking to social media platform Truth Social, Trumpsaid, “Happy Crypto Week! The House will soon VOTE on a tremendous Bill to Make America the UNDISPUTED, NUMBER ONE LEADER in Digital Assets – Nobody does it better!"Calling the GENIUS Act "tremendous," Trump said it would put the U.S. "lightyears ahead of China, Europe, and all others," and asked that "ALL REPUBLICANS SHOULD VOTE YES!"The move signals his administration's growing embrace of crypto-friendly policy, setting a sharp contrast with regulatory approaches under previous leadership.“It is all part of Making America Great Again, BIGGER AND BETTER THAN EVER BEFORE,” Trump stressed in idiosyncratic fashion.Also Read:Polymarket Home Free As Trump-Led DOJ Closes Biden-Initiated ProbesWhy It Matters:The GENIUS Act, short for Guiding Enhanced National Innovation for Unified Standards, is expected to clarify how cryptocurrencies are regulated across federal agencies.Provisions in the bill address key industry issues like token classification, stablecoin frameworks, and U.S. competitiveness in blockchain development.This vote comes amid "Crypto Week," an unofficial term used by industry insiders to describe the flurry of legislative and executive activity this week in support of digital assets.Alongside the GENIUS Act, additional bills are expected to clarify how securities laws apply to blockchain tokens and establish new rules for stablecoin issuance.While not expected to impact price action in major currencies likeBitcoinBTC/USDandEthereumETH/USD, the bills will impact the regulatory framework cryptocurrencies likeXRPXRP/USDoperate under.The GENIUS Act is seen by supporters as the first concrete step toward creating a U.S.-led digital economy infrastructure.House lawmakers are expected to vote on the bill later today.Loading...Loading...Read Next:99% Of Bitcoin Holders Are In Profit: Is BTC Dipping Because Some Are Cashing Out?Image: Shutterstock$XRPRipple$2.92-1.46%Stock Score Locked: Edge Members OnlyBenzinga Rankings give you vital metrics on any stock – anytime.Unlock RankingsEdge RankingsMomentum99.50Price TrendShortMediumLongOverview$BTCBitcoin$117456.73-2.01%$ETHEthereum$3064.211.65%Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. . .Posted In:CryptocurrencyNewsTop Stories

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