A group of cryptocurrency investors installed a 12-foot golden statue of President Donald Trump holding a Bitcoin outside the US Capitol on Wednesday. The temporary installation was placed on the National Mall, roughly one mile from the White House.
The statue appeared on 3rd Street and remained in place from 9 AM to 4 PM. Organizers timed the unveiling to coincide with the Federal Reserve’s interest rate decision, which saw rates cut by 25 basis points to approximately 4.1%.
The statue was created as part of a Pump.fun livestream stunt by mostly anonymous organizers. During Tuesday’s livestream, one organizer revealed the statue was constructed from “extremely hard foam” to make it manageable to transport and install.
The group also launched a memecoin on the Pump.fun platform alongside the statue installation. Multiple livestreams were created to promote the token and document the statue’s creation and placement.
The statue stands 12 feet tall and was carved by machine before being transported to the National Mall. Posts on the organizers’ social media accounts showed the creation process and multiple people carrying the statue into position.
This golden Trump statue marks at least the third Trump-related installation on the National Mall in 2025. Previous statues included protests against the president, making this the first supportive installation.
In June, an eight-foot statue called “Dictator Approved” appeared, featuring a golden hand crushing the Statue of Liberty’s crown. Later that month, another installation showed a gold television displaying controversial footage.
The Federal Reserve announced two additional rate cuts planned for this year, with only one expected in 2026. The timing of the statue installation coincided with this monetary policy announcement that typically benefits risky assets like cryptocurrency.
The post Crypto Investors Install Golden Trump Bitcoin Statue Outside US Capitol appeared first on CoinCentral.

Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more

