Bitcoin Holds Firm at $118,000 as Trump’s Crypto Report Nears Release

Bitcoin MagazineBitcoin Holds Firm at $118,000 as Trump’s Crypto Report Nears Release The White House is set to release a crypto report proposing a Bitcoin reserve, as new laws and rising institutional support put Bitcoin at the center of US policy. This post Bitcoin Holds Firm at $118,000 as Trump’s Crypto Report Nears Release first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

Jul 30, 2025 - 03:10
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Bitcoin Holds Firm at $118,000 as Trump’s Crypto Report Nears Release

Bitcoin Magazine

Bitcoin Holds Firm at $118,000 as Trump’s Crypto Report Nears Release

Bitcoin remains steady at $118,000 as markets await the Trump administration’s highly anticipated digital assets report, expected to be released tomorrow. The report is the first major crypto policy report under President Trump and could mark a historic shift in US support for Bitcoin and related technologies.

The White House report is the result of months of work from the President’s Working Group on Digital Assets, led by David Sacks and Bo Hines. Crypto In America’s Eleanor Terrett, formerly of Fox Business, says it may include proposals for funding the strategic Bitcoin reserve, include further information on the national digital asset stockpile, regulatory clarity, and national security measures to counter illicit finance and sanctions evasion.

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