Big day for crypto market! U.S. President Donald Trump is set to announce the United Nations General Assembly in New York at 9:50 a.m. ET. While he is expected to highlight his administration’s foreign policy wins, the crypto community is waiting to see if Trump provides more clarity on a potential U.S. Bitcoin reserve. Watch it live here. Besides Trump, FED chair Jerome Powell is also scheduled to speak at the 2025 Economic Outlook Luncheon, livestreamed at 12:35 p.m. ET.
After the Fed’s September rate cut, market investors will be closely watching his comments on future monetary policy amid sticky inflation and slowing growth. A hawkish tone could trigger drawdown, while a dovish one might fuel the ongoing rally in gold and crypto.
This year, Trump unveiled a comprehensive new strategy for digital assets. He also announced the creation of a National Crypto Reserve during a White House event on September 2. The plan includes leading tokens such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cardano (ADA). It reflects the administration’s intent to integrate crypto more directly into U.S. financial strategy.
From Caution to Endorsement
The announcement marks a significant shift in Trump’s approach to crypto. Previously a vocal critic of digital assets, the President is now establishing the U.S. as a leader in the global competition to leverage blockchain and crypto advancements. “The United States will not sit on the sidelines of this financial revolution,” Trump declared.
As part of the plan, the administration is establishing a Presidential Advisory Committee on Crypto. It will be tasked with guiding future policy on digital assets. Areas of focus are expected to include stablecoin frameworks, market structure rules, and institutional participation.
Political Undertones
While Trump avoided direct criticism of previous policies, he emphasised that the industry had faced “unnecessary obstacles” in recent years. He framed the reserve as both a strategic asset and a symbol of support for technological progress. The move aligns with his broader message of positioning the U.S. at the forefront of innovation and reducing its dependence on foreign powers in emerging industries.
Market Impact and Historical Context
Markets has since reacted to the announcement. At press time, Bitcoin (BTC) is trading at $112,460, representing a 1.11% dip over the past 24 hours. Bitcoin’s price trajectory hinges on regulatory shifts, ETF momentum, and market leverage dynamics.
- Regulatory Alignment – US-UK crypto task force (2026) may boost institutional adoption.
- ETF Expansion – SEC’s streamlined rules accelerate altcoin ETF approvals, influencing BTC liquidity.
- Leverage Risks – $1.8B long liquidation (Sept 23) highlights fragility of overextended markets
Source: Trading View
Trump has earlier emphasised the connection between his policy changes and the performance of the crypto market. In his initial term as president, Bitcoin’s value increased by over 3,900%, a fact he often cites to highlight the effects of favorable policies. Analysts indicate that this renewed emphasis on digital assets may reignite optimism, particularly among institutional investors seeking more definitive regulations.
How the US National Crypto Reserve Shapes Global Leadership
Establishing a national crypto reserve aligns the U.S. with an increasing number of nations examining national approaches for digital assets. By embedding significant tokens within an official framework, the administration indicates that crypto is no longer marginal but a fundamental aspect of financial infrastructure.
For developers, investors, and institutions, this change might establish a more reliable regulatory environment and open up fresh possibilities in both local and global markets. When executed properly, the strategy could accelerate adoption and position the U.S. as a global center for digital asset innovation.
What Comes Next
The specifics of how the reserve will be managed and its function in wider fiscal policy still need to be defined. Nonetheless, the announcement’s tone clearly indicates that the administration aims to position itself strongly with the expansion of the crypto sector. With the establishment of the reserve and the advisory committee, the U.S. is entering a new phase in its digital asset journey where crypto is treated as a strategic national priority rather than a speculative fringe market.
