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Best Cryptos to Buy to Prepare for “Big” Trump Crypto Announcement
US President Donald Trump is set to address Blockworks’ Digital Asset Summit, an event that now has the eyes of the crypto world
Former Fox Business reporter and Crypto America podcast host Eleanor Terrett reported that Trump could make a “big” announcement regarding the next steps of his crypto policy
Crypto prices are up in anticipation of his address, however, investors are exercising caution in case the event turns out to be a “nothing burger”
🚨SCOOP: I’m told a big announcement regarding @realDonaldTrump’s plans for next steps in #crypto policy is coming imminently out of the @blockworksDAS. 👀
— Eleanor Terrett (@EleanorTerrett) March 19, 2025Crypto prices are up in anticipation of his address, however, investors are exercising caution in case the event turns out to be a “nothing burger”
Experts believe that the best cryptos to buy now are assets with already bullish charts, considering they have the highest odds of providing outsized returns in Q2, irrespective of Trump’s crypto announcement today
What Could Be Today’s “Big” Trump Crypto Announcement?
Donald Trump’s “big” crypto announcement has resulted in significant speculation, considering Terrett reported that it will highlight the next steps of his crypto policy
The US President has already created a Strategic Bitcoin Reserve and a digital asset stockpile earlier this month, leaving investors speculating as to what could be next
Bo Hines, the executive director of Trump’s crypto council, has hinted that it could be related to the United States potentially buying Bitcoin.
In an interview earlier this week, Hines revealed that the US wants to acquire “as much Bitcoin as it can get”
He hinted at a clause in Trump’s SBR executive order that tasked the Treasury and Commerce Departments to find budget-neutral ways of acquiring additional Bitcoin
JUST IN: Trump advisor Bo Hines says the U.S. will acquire as much #Bitcoin as possible. 👀Nation-state game theory has begun! 🚀 pic.twitter.com/Q0eIrytrXL
— Simply Bitcoin (@SimplyBitcoinTV) March 19, 2025He hinted at a clause in Trump’s SBR executive order that tasked the Treasury and Commerce Departments to find budget-neutral ways of acquiring additional Bitcoin
Could Donald Trump explicitly state his intention of buying BTC in today’s address, perhaps by supporting Wyoming Senator Cynthia Lummis’ The Bitcoin Act?
Lummis’ proposal requires the US government to buy 1 million BTC over 5 years. Her plan requires reallocation of the funds from the Federal Reserves’ surpluses as well as revaluing gold certificates held by the Treasury to current market values, thereby generating the necessary capital for Bitcoin purchases.
Her bill fits the requirement laid out by Trump’s SBR EO and doesn’t require taxpayer funding.
Lummis’s Senate bill, as well as a companion bill in the House of Representatives, have already received considerably higher support from fellow Congresspeople. Trump’s green light in today’s address could provide a massive boost to its approval chances
Best Cryptos To Buy Now
While Trump’s announcement has the potential to spark a broader market rally, the possibility that it is a “nothing burger” cannot be overlooked
Experts believe that the best cryptos to buy are the coins with the best charts. The market is expected to rally anyway in the second quarter, owing to the soaring global liquidity, and assets showing bullish strength now will likely see explosive continuation rallies in the next few weeks
For instance, whales continue to accumulate Bitcoin, especially after it has flipped its 200-day simple and exponential moving averages. A monthly close above these levels likely means a new all-time high in Q2
Similarly, the popular meme coin Pepe has confirmed its inverse head-and-shoulder pattern after flipping the $0.0000073 resistance level on Wednesday. A continuation in Q2 would pave the way for $0.0000105 next month
Solana meme coin Fartcoin is also in high demand, especially after breaking above its 4-hour 200 SMA for the first time in over a month. A flip above the $0.40 mark now paves the way for a rally to new highs
Low-cap cryptos are also seeing a strong whale and retail interest. A new Bitcoin-themed meme coin, BTC Bull (BTCBULL), has raised nearly $4 million in its presale, thanks to its promise of free Bitcoin
BTCBULL holders will receive “massive” free Bitcoin airdrops, besides token burns and free BTCBULL when the BTC price hits certain milestones
If President Trump supports legislation for the US to buy Bitcoin today, BTBULL holders can expect a massive windfall, considering that the first Bitcoin airdrop will be triggered at $150k
Considering its unique value proposition, prominent analysts are viewing BTC Bull as the next 100x crypto
Visit BTC Bull Presale
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.