What is a Golden Trump Statue Holding Bitcoin Doing Outside Capitol?

A 12-foot golden statue of President Donald Trump holding a Bitcoin was installed outside the U.S. Capitol, coinciding with the Federal Reserve’s first interest rate cut since December 2024.

The temporary artwork, funded by cryptocurrency investors, is meant to spark debate about the future of digital currency, monetary policy, and the government’s role in financial markets.

Trump has been a vocal supporter of cryptocurrency, with his administration passing legislation and taking actions that boosted the sector, helping bitcoin hit over $124,500 in mid-August.

The statue symbolizes the growing intersection between politics, financial innovation, and digital assets, while highlighting the influence of crypto investors in shaping public discussion.

Observers say it also reflects broader debates over monetary policy and the role of government in the modern economy.