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Bitcoin Price Surpassed $87K, Ahead of Trump’s Speech at Blockworks DAS 2025 Today

20 Mar, 2025

Bitcoin Price Surpassed $87K, Ahead of Trump’s Speech at Blockworks DAS 2025 Today


### **Bitcoin Surges Past $87,000 Ahead of Trump’s Speech at Blockworks Digital Asset Summit**

Bitcoin's price soared past $87,000 today, continuing its bullish momentum fueled by market optimism surrounding US President Donald Trump’s upcoming address at the **Blockworks Digital Asset Summit (DAS) 2025** in New York.

### **Bitcoin’s Rally and Market Optimism**

Bitcoin climbed from $83,000 yesterday to briefly surpass **$87,000**, marking a significant gain in just 24 hours. At the time of writing, BTC is trading around **$86,000**, reflecting a **3% increase** within the past day.

The surge coincides with the **second and final day** of Blockworks DAS 2025, where Trump’s speech is expected to reinforce the role of digital assets in the financial sector. Market participants view his appearance as a bullish signal, driving increased investor confidence.

### **Blockworks DAS 2025 and Trump's Influence on Crypto**

Blockworks DAS 2025, which began on **March 18**, brings together **key players in crypto, finance, and regulation** to discuss the future of digital assets. The event features discussions among **builders, institutional investors, and policymakers** shaping the industry’s trajectory.

Last night, Blockworks confirmed via **X (formerly Twitter)** that Trump would be addressing the summit, further fueling Bitcoin’s rally. The announcement underscores the growing intersection between digital assets and US politics.

### **Fed Policy and Bitcoin’s Bullish Trend**

Bitcoin's surge also follows the latest **Federal Open Market Committee (FOMC) meeting**, where the **US Federal Reserve** left interest rates unchanged at **4.25%–4.5%**. More notably, the Fed signaled a shift in its **monetary policy**, with **quantitative tightening (QT) set to ease starting April 1**.

The central bank reaffirmed its **2% inflation target** but provided an optimistic outlook, marking the potential beginning of **quantitative easing (QE)**. Investors interpret this as a sign of a more accommodating financial environment, which historically benefits risk assets like Bitcoin.

### **What’s Next for Bitcoin?**

With Trump's speech on the horizon and a more favorable macroeconomic landscape, Bitcoin remains in focus. If positive sentiment continues, BTC could sustain its upward momentum, potentially testing new all-time highs in the coming weeks.

As the crypto industry watches closely, today's developments at **Blockworks DAS 2025** may shape market sentiment moving forward.

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