Bitcoin Holds Steady at $118,000 Ahead of Trump Administration’s Historic Crypto Report

Bitcoin remains steady at $118,000 as markets await the Trump administration’s highly anticipated digital assets report, expected to be released tomorrow. The report is the first major crypto policy report under President Trump and could mark a historic shift in US support for Bitcoin and related technologies. The White House report is the result of months of work from the President’s Working Group on Digital Assets, led by David Sacks and Bo Hines. Crypto In America’s Eleanor Terrett, formerly of Fox Business, says it may include proposals for funding the strategic Bitcoin reserve, further information on the national digital asset stockpile, regulatory clarity, and national security measures to counter illicit finance and sanctions evasion.

The President’s Working Group on Digital Assets has completed the 180-day report. It will be released publicly on July 30th.

America is now leading the way on digital asset policy 🇺🇸

— Bo Hines (@BoHines47) July 23, 2025

Bitcoin has already climbed 26 percent in 2025, driven by increasing institutional interest and a wave of supportive legislation. One of the most impactful developments was the signing of the GENIUS Act, which established a comprehensive framework for regulating stablecoins. This was followed by the House passing the CLARITY Act and the Anti-CBDC Surveillance State Act, signaling clear resistance to government-controlled digital currencies and a shift in favor of decentralized digital assets such as Bitcoin.

NEW: 🇺🇸 President Trump to sign the crypto GENIUS Act into law today.

America is embracing Bitcoin and crypto 🙌 pic.twitter.com/KYV8ykoySz

— Bitcoin Magazine (@BitcoinMagazine) July 18, 2025

On the legislative front, the Senate Banking Committee is expected to release a draft of its market structure reforms this week. Additionally, the Senate Agriculture Committee is holding a vote today on Brian Quintenz’s nomination to lead the Commodity Futures Trading Commission (CFTC), a key regulator in the Bitcoin market. If confirmed, Quintenz’s leadership could steer the CFTC toward a more Bitcoin-friendly stance, potentially shaping future oversight in favor of digital assets. Meanwhile, institutional players continue to validate Bitcoin’s role in global finance. A recent report from the BlackRock Investment Institute called 2025 a banner year for Bitcoin, noting that the US is becoming the bitcoin and crypto capital of the world. BlackRock also highlighted the rapid rise of stablecoins, which now have a combined market cap of $250 billion. This growth reflects the mainstreaming of blockchain-based assets and increasing investor confidence in digital finance.

JUST IN: $12.5 trillion BlackRock says Bitcoin is having a great year as the US becomes "the crypto capital of the world." 🇺🇸 pic.twitter.com/OBbKzb0VIm

— Bitcoin Magazine (@BitcoinMagazine) July 29, 2025

With policy momentum accelerating and federal attention focused on digital assets, Bitcoin’s current stability may be the beginning of a much larger move as the US positions itself at the forefront of the crypto economy.

Frequently Asked Questions (FAQ)

Bitcoin and the Trump Administration's Crypto Report

Q: When is the Trump administration's digital assets report expected to be released? A: The report is expected to be released tomorrow, July 30th, 2025. Q: What is the significance of this report? A: This report is the first major crypto policy report under President Trump and could significantly impact US support for Bitcoin and related technologies. Q: What key areas might the report address? A: The report may include proposals for funding the strategic Bitcoin reserve, details on the national digital asset stockpile, regulatory clarity, and national security measures related to illicit finance and sanctions evasion. Q: What legislative developments have recently supported Bitcoin? A: The signing of the GENIUS Act (regulating stablecoins) and the House passing the CLARITY Act and the Anti-CBDC Surveillance State Act have been significant supportive developments. Q: What is the role of the Senate Banking Committee and the CFTC in this context? A: The Senate Banking Committee is expected to release draft market structure reforms, and the Senate Agriculture Committee is voting on Brian Quintenz's nomination for CFTC leadership, which could influence a more Bitcoin-friendly stance. Q: How is institutional interest shaping the crypto market? A: Institutional players like BlackRock are increasingly validating Bitcoin's role in global finance, with BlackRock calling 2025 a "banner year" for Bitcoin and noting the US becoming a crypto capital.

Crypto Market AI's Take

The current market stability for Bitcoin, hovering around $118,000 ahead of a potentially significant US policy announcement, reflects a growing confidence in the digital asset space. This period highlights the increasing interplay between regulatory developments and market performance. At AI Crypto Market, we leverage advanced AI and machine learning to navigate such evolving landscapes, providing users with AI-driven market analysis and automated trading strategies designed to capitalize on market shifts and regulatory news. Our platform is built to offer clarity and efficiency in the dynamic world of cryptocurrency.

Bitcoin Holds Firm At 18,000 As Trump’s Crypto Report Nears Release

Bitcoin Holds Steady at $118,000 Ahead of Trump Administration’s Historic Crypto Report

Frequently Asked Questions (FAQ)

Bitcoin and the Trump Administration's Crypto Report

Crypto Market AI's Take

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