A giant golden statue of President Donald Trump was unveiled on the National Mall. The monument, funded by crypto investors, is an homage to Trump and his support of digital currency.
The group said, in part, the statue is “a tribute to Donald Trump’s vocal advocacy for cryptocurrency and serves as a provocative statement on the evolving landscape of digital finance.” The group’s motivation behind the installation is to spark conversation around cryptocurrencies, government regulation and policy.
The statue’s unveiling coincides with the Federal Reserve’s move to cut interest rates from 4.3% to 4.1%. This marked the first cut since December 2024.
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