Bitcoin (BTC) price surged to $63,000 after Donald Trump used it for the first time to pay in public at a New York City bar. This event came after Trump invested for the first time in a crypto project, and it represents a milestone in the path of widespread adoption of Bitcoin. Trump’s involvement in the crypto community may increase public interest in digital currencies and investor confidence in them, and may contribute to raising prices in the market.
Donald Trump publicly uses Bitcoin for the first time to pay for hamburgers at a New York City bar
Republican candidate and former US President Donald Trump made headlines when he used Bitcoin to buy hamburgers at a Pubkey bar in New York City, making it Trump's first public Bitcoin transaction.
Two days ago, Trump announced a new digital currency through the World Liberty Financial platform, in which he invested with his family. Trump’s involvement with the Bitcoin community is witnessing remarkable interest due to his previous criticism of the currency, and this involvement could enhance the currency’s reputation and investor confidence in it. Key points:
- Trump used Bitcoin to buy hamburgers in New York City.
- Trump has previously announced his investment in the crypto project.
Trump's engagement with the Bitcoin community has improved after his previous criticism of it, which could expand Bitcoin's fan base and increase investor confidence in it as it becomes increasingly popular with prominent figures and organizations, potentially leading to a rise in Bitcoin's price.