Former President Donald Trump has pledged to make the United States a leading force in the Bitcoin sector during his campaign rally. This bold declaration comes amidst significant fluctuations in the cryptocurrency market, raising questions about the impact on US crypto policy and global mining competitiveness. Bitcoin’s recent price plunge, dropping to $105,000 before stabilizing, highlights this volatility. This move by Trump follows a critical multi-chain hack affecting Balancer Labs, further demonstrating the challenges faced in the decentralized finance world. The market response reflects investor anxiety and concerns about security and technological stability as some investors withdrew nearly $946 million from Bitcoin investments amidst uncertainty. Trump’s announcement underscores his intention to re-establish the US as a key player in the cryptocurrency industry. Whether this promise translates into concrete action remains to be seen, but it signifies a potential shift in US crypto policy and international competition.