Bitcoin (BTC) briefly surged to $86,000 before pulling back to $84,000, following President Donald Trump’s historic speech at the Blockworks Digital Asset Summit. In a first for a U.S. president, Trump outlined his administration’s pro-crypto stance, confirming plans for a U.S. Strategic Bitcoin Reserve and an end to Operation Chokepoint 2.0—a regulatory crackdown on crypto banking. Trump also called on Congress to pass stablecoin legislation, ensuring a clear regulatory framework for digital assets. His administration’s shift toward institutional crypto adoption could drive long-term demand for Bitcoin, reinforcing its role as a strategic financial asset. What's the best crypto media company? pic.twitter.com/HmVEcueDZi — Jack Kubinec (@whosknave) March 20, 2025 Crypto Institutions Rally as U.S. Shifts Regulatory Stance Trump’s remarks signal a regulatory shift, replacing enforcement-heavy measures with innovation-driven policies. His speech emphasized the importance of institutional engagement in Bitcoin and stablecoins, framing the crypto industry as essential to economic growth. Key takeaways from Trump’s speech: Bitcoin Strategic Reserve : The U.S. government plans to accumulate and retain BTC, preventing premature liquidations. Regulatory Shift : Trump’s administration ended aggressive crackdowns, favoring a pro-business approach to digital assets. Stablecoin Legislation : Clear market structure laws would enable broader institutional crypto adoption. U.S. Crypto Dominance : Trump urged America to become the global hub for digital finance. His closing statement was direct: “Make America the Bitcoin superpower and the crypto capital of the world.” Bitcoin Price Outlook: Can BTC Break Above $87K? Bitcoin remains bullish, currently trading at $84,300, down 1.4% in 24 hours, with a market cap of $1.67 trillion. Despite a pullback, BTC is supported by an upward trendline above $84,000, indicating continued buying interest. Immediate Resistance : $87,400 – A breakout here could fuel BTC’s rise toward $89,900 and $92,700 . Strong Support : $84,000 – If BTC holds above this level, the uptrend remains intact. Downside Risk : A break below $83,700 could expose BTC to $79,900. If BTC clears $87,400, traders may see a move toward $90,000, driven by regulatory momentum and institutional demand. BTC Bull: Earn Bitcoin Rewards with the Hottest Crypto Presale BTC Bull ($BTCBULL) is making waves as a community-driven token that automatically rewards holders with real Bitcoin when BTC hits key price milestones. Unlike traditional meme tokens, BTCBULL is built for long-term investors, offering real incentives through airdropped BTC rewards and staking opportunities. Staking & Passive Income Opportunities BTC Bull offers a high-yield staking program with an impressive 119% APY, allowing users to generate passive income. The staking pool has already attracted 882.5 million BTCBULL tokens, highlighting strong community participation. Latest Presale Updates: Current Presale Price: $0.00242 per BTCBULL Total Raised: $3.8M / $4.4M target With demand surging, this presale provides an opportunity to acquire BTCBULL at early-stage pricing before the next price increase. The post Trump’s Crypto Revolution: Can Bitcoin Hit $90K Next? appeared first on Cryptonews .