Bitcoin Under Trump’s Second Round & Washington’s New Crypto Rules Are Reshaping The Market

Jonas Bronck
Published on October 09, 2026, 5:07 am
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A year and a half into Trump’s second term, crypto has gone from outsider asset to a real White House priority. The president’s finances are tied up in the boom, too, as the average American can feel the movements as well.

Ever since Donald Trump stepped back into the White House, Bitcoin’s rollercoaster has mostly come down to policy, not just hype. We’re talking about everything from a brand-new strategic reserve to fresh legislation. Over the last year and a half, the federal government shifted gears, treating digital assets as something you can build around, not just a fringe experiment.

You see that shift reflected in crypto prices. Binance, the world’s leading blockchain ecosystem, reports Bitcoin hit $83,376.06 on September 25, 2026, way up from the start of the year. Anyone who’s glued to the market knows you can watch cryptocurrency prices move by the second over on Binance’s live page, where it becomes obvious how the price and the policies at the White House are interlinked.

What exactly has Trump done to make things more crypto-friendly?

Back in March 2025, Trump signed an executive order to create the U.S. Strategic Bitcoin Reserve. It’s funded with Bitcoin the Treasury already seized, along with a separate Digital Asset Stockpile for other coins, according to a public released statement from the White House. Just a few months later, in July 2025, came the GENIUS Act, which let banks, credit unions and nonbank firms issue stablecoins under federal rules.

The big moment came on August 20, 2026, when Trump pulled industry heavyweights, including Coinbase’s Brian Armstrong, the Winklevoss twins and more, into the White House to push Congress directly. “We need Congress to take the next step by passing the Clarity Act,” Trump told them, framing it as the only way to keep the U.S. ahead of China, as quoted by QZ. Within hours, Bitcoin jumped around 5%. That rally alone forced almost $2.7 billion in short positions to liquidate, according to data from CNBC.

How much has Trump personally made from crypto?

The same president making crypto policy is also cashing in, as Trump’s 2025 financial disclosure, posted by the Office of Government Ethics on June 30, 2026, showed more than $1.4 billion in crypto-related income just for that year. Almost $635 million of that was from royalties tied to his $TRUMP meme coin, and over $550 million came from World Liberty Financial, the crypto venture he co-founded with his sons, according to Time.

Reuters took it further, estimating the wider Trump family crypto operation generated at least $2.3 billion in profit between mid-2024 and April 2026 across four different ventures. Forbes says all that new money nearly tripled Trump’s net worth, from $2.3 billion in 2024 to roughly $6.5 billion by 2026. Keep in mind, regular $TRUMP coin buyers didn’t see a windfall: The token crashed from over $74 right after launch to under $2, according to Yahoo Finance.

Are there any new business opportunities related to the new crypto-friendly policies?

Regulatory clarity tends to free up capital that was sitting on the sidelines, and that’s exactly what’s happening now. After the GENIUS Act passed, the U.S. stablecoin market nearly doubled in its first year, according to Digital Chamber CEO Cody Carbone, as per reportings from Fox Business. Exchanges, custody firms and payment companies jumped at the chance, and crypto-linked stocks reacted fast.

Coinbase and Circle each rose about 7% during the August rally. Strategy and Mara Holdings saw double-digit gains in the same week, according to Yahoo Finance. And in March 2026, the SEC and CFTC jointly decided that Bitcoin, Ethereum, Solana and some other major tokens really are digital commodities, not securities, as presented in a public report by the SEC. That decision means more room for institutional products and more lending built around these tokens.

How are these crypto-friendly policies being felt across the broader market and economy?

According to Binance Research’s Full-Year 2025 and Themes for 2026 report, the total crypto market cap broke $4 trillion for the first time in 2025, with Bitcoin making up around 58% to 60%. Binance’s own data shows a year with a lot of activity.

The entire market swung between $2.4 trillion and $4.2 trillion. Even now, Bitcoin’s trading about 40% below its October 2025 all-time high of roughly $126,000, even after climbing back to $83,376.06 on September 25, 2026. Those big swings hit everything; mining stocks and the exchanges, since much of the industry’s revenue rides on trading volume and coin prices staying high.

What do the crypto-friendly policies mean for the average American?

If you don’t own crypto, the effect might not slap you in the face, but it’s not nothing. Washington’s regulatory clarity makes it easier for banks and retirement funds to roll out products tied to crypto. That means everyday investors might end up with some indirect exposure, through a 401(k) or regular brokerage account, even if they never buy a single coin.

But it works both ways. Retail investors who bought $TRUMP coin near its peak lost most of their money when it nosedived from $74 to under $2, and World Liberty’s tokens have dropped about 80% since they started trading, according to Yahoo Finance and PBS. Sure, regulatory clarity makes it easier to get in, but it doesn’t erase the risk that comes with markets this wild.

FAQ

Did Trump’s crypto policies move Bitcoin’s price?

Yes, they did. Right after Trump met with crypto executives at the White House on August 20, 2026, Bitcoin surged almost 5% in just a few hours.

How much crypto income has Trump reported?

In his 2025 financial disclosure, Trump reported over $1.4 billion in income tied to crypto, most of it coming from World Liberty Financial and the $TRUMP meme coin.

Is the CLARITY Act law yet?

No, not yet, not by late September 2026. The bill got through the House in July 2025 and the Senate Banking Committee, but it has been stalled by the Senate.

 

Author: Pam Brown

Pam Brown is a journalist with exceptional analytical skills and a strong interest in modern financial systems. She specialises in translating complex topics like crypto, loans, and forex into clear, accessible content. Pam’s precise, research-driven writing has made her a trusted voice in the financial and fintech space.

 

Featured image credit: DepositPhotos.com

Jonas Bronck
Jonas Bronck is the pseudonym under which we publish and manage the content and operations of The Bronx Daily.™ | Bronx.com - the largest daily news publication in the borough of "the" Bronx with over 1.5 million annual readers. Publishing under the alias Jonas Bronck is our humble way of paying tribute to the person, whose name lives on in the name of our beloved borough.