Bitcoin rebounded about 1.8 percent to roughly $63,854 on July 6, 2026, after President Donald Trump said in a White House news conference that he had become “a big crypto guy.”
The comment came while discussing the possibility of adding Bitcoin to the new Trump Accounts, a tax-advantaged savings program for American children that launched around July 4–5.
Bitcoin had fallen more than 2 percent earlier in the session toward $60,000 after Strategy disclosed selling about $216 million worth of Bitcoin in late June and early July.
Strategy, the large corporate Bitcoin holder long linked to Michael Saylor, reported sales of roughly $80.8 million between June 29 and 30 at an average price near $59,256, followed by another $135.5 million from July 1 to 5.
After the transactions, the company held approximately 843,775 Bitcoin valued at around $52.1 billion, acquired at an average cost of $75,476 per coin.
These were its largest sales since 2022 and appeared aimed at supporting preferred-stock dividends rather than signaling a broad shift away from Bitcoin.
Trump’s remarks fit his administration’s consistent push to make the United States the world’s crypto capital and stay ahead of China.
Early in his second term he signed executive orders promoting regulatory clarity for digital assets, created a Strategic Bitcoin Reserve using forfeited coins that cannot be sold, and favored a lighter regulatory approach that treats many tokens more like commodities than securities.
The timing also overlapped with the rollout of Trump Accounts, which offer tax-deferred growth and a possible $1,000 government seed contribution for eligible newborns born 2025–2028.
While Trump did not confirm Bitcoin inclusion, his comments kept the door open for future expansion.The move occurred against a strong U.S. equity backdrop.
The Dow Jones Industrial Average recently closed above 53,000 for the first time, the S&P 500 traded near 7,537, and the Nasdaq Composite exceeded 26,100, supported by gains in AI and technology stocks.
Bitcoin had spent much of June consolidating between roughly $60,000 and $70,000 after touching a low near $59,000 on June 24.
Trump family ventures have also profited substantially from crypto, with disclosures showing at least $1.4 billion in related earnings during 2025.
The episode highlights how presidential statements can quickly shift sentiment in a market that remains highly sensitive to political developments.
Even committed corporate holders like Strategy are adjusting strategies to manage liquidity and shareholder needs, showing that Bitcoin treasury management is evolving.
With regulatory progress, potential new retail channels through Trump Accounts, and continued political support, the environment for digital assets appears structurally more favorable, though volatility tied to politics, corporate decisions, and broader macroeconomic factors is likely to persist.
