Trump Bitcoin statue unveiled: Who's behind golden structure outside US Capitol? Details here

A striking 12-foot golden statue of President Donald Trump holding a Bitcoin has been unveiled outside the US Capitol on 3rd Street.

Published on: Sep 18, 2025, 03:51:40 IST

By Yash Nitish Bajaj

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A striking 12-foot golden statue of President Donald Trump holding a Bitcoin has been unveiled outside the US Capitol on 3rd Street, drawing crowds and controversy just as the Federal Reserve announced a 25-basis-point interest rate cut. The installation seems to symbolize the president's pro-cryptocurrency stance.

A 12-foot golden statue of President Donald Trump holding a Bitcoin was unveiled (X)

Several visuals of the statue were posted on social media. “That's awesome. He's the best!” one person wrote on X, platform formerly known as Twitter.

“The GOAT!! He’s working hard to make America the crypto hub! 🔥💯” another one added.

Who is behind the Trump Bitcoin statue?

According to ABC affiliate WJLA, the temporary piece was funded by a collective of cryptocurrency investors. “Organizers said the piece is intended to provoke debate about the future of digital currency, monetary policy, and the federal government’s role in financial markets,” the report states.

Hichem Zaghdoudi, a representative of the group, stated, “This installation is designed to ignite conversation about the future of government-issued currency and is a symbol of the intersection between modern politics and financial innovation.”

“As the Federal Reserve shapes economic policy, we hope this statue prompts reflection on cryptocurrency’s growing influence.”

Fed cuts interest rate

This came as the Federal Reserve cut its key interest rate by a quarter-point on Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation's labor market.

The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Fed officials, led by Chair Jerome Powell, had kept their rate unchanged this year as they evaluated the impact of tariffs, tighter immigration enforcement, and other Trump administration policies on inflation and the economy.

(With inputs from The Associated Press)

ABOUT THE AUTHOR
Yash Nitish Bajaj
Yash Bajaj is a Chief Content Producer with a strong foundation in US coverage, digital strategy, and audience-focused storytelling. As part of the US Desk at Hindustan Times, he covers a wide range of topics - from American politics to sports (NFL, NBA, derbies, MLB and more). Before joining Hindustan Times, Yash served as Deputy News Editor at Times Now, where he oversaw international coverage and led a team of six. In this role, he significantly expanded global traffic through strategic planning, SEO-driven content execution, and meticulous trend tracking across platforms. He is experienced in managing high-pressure breaking-news shifts, coordinating live coverage, and building newsroom systems that improve speed, accuracy, and reach. Prior to Times Now, Yash held a position at Opoyi, where he headed the Sports and US news team. He developed broad editorial strategies, guided reporters across multiple beats, and played a key role in recruiting and training new talent. His responsibilities also extended to social media management and experimenting with innovative content formats. A passionate NFL fan, Yash is a die-hard supporter of the Cincinnati Bengals and has followed Joe Burrow closely since his college days at LSU. Whether breaking down top players' latest performance, analyzing team performances, or tracking roster moves, he brings the same dedication and sharp storytelling to his sports coverage as he does to American politics and breaking news. When he’s not writing, Yash can often be found watching games or debating the latest NFL storylines with fellow fans. Yash holds a Bachelor of Mass Media (Journalism) from HR College, Mumbai University. His interests extend well beyond the newsroom: he is an enthusiastic explorer of AI tools, a movie buff with an ever-growing watchlist, and someone who enjoys unraveling conspiracy theories for fun.Read More

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