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Cryptocurrency News Articles
Something big is happening at the White House this Monday, April 14.
Apr 12, 2025 at 07:02 pm
President Donald Trump is set to host El Salvador's President Nayib Bukele for an official visit.
Something big is brewing at the White House this Monday, April 14. President Donald Trump will host El Salvador’s President Nayib Bukele for an official visit—the first by a Western Hemisphere leader during Trump’s current term.
With both leaders known for their support of Bitcoin, many are wondering—could this meeting lead to a major announcement that boosts Bitcoin’s price?
U.S.–El Salvador Meeting
The visit comes at a time when the U.S. is placing high tariffs on many countries, such as Mexico, Canada, and El Salvador, in an effort to pressure them to accept changes to trade deals. So far, several countries have managed to negotiate with Trump’s team and secured a 90-day pause on tariffs—except for China. But El Salvador is still facing a 10% U.S. tariff, which is expected to be a key topic during the talks.
President Bukele, 42, has been making headlines globally for his strict actions against crime. Under his leadership, nearly 2% of El Salvador’s population has been jailed as part of a strong crackdown on gangs like MS-13 and Tren de Aragua. This bold move, which began in March 2022, has gained both praise and criticism, and it’s another reason why this visit is drawing so much attention.
Is Bitcoin Part of the Agenda?
Many are also asking whether Bitcoin will be discussed. El Salvador infamously became the first country to make Bitcoin legal tender in September 2021, a move that sparked heated debate around the world. According to Bitbo, the country now holds more than 6,089 Bitcoins—currently worth about $508 million.
Trump, too, has shown growing interest in digital money and financial freedom, topics that he often brings up during his rallies and speeches. So it wouldn’t be surprising if Bitcoin comes up during the meeting. If it does, it could generate major buzz and possibly impact Bitcoin’s price.
At the moment, Bitcoin is trading at around $83,340, reflecting a 1% increase over the past 24 hours. Its market cap has reached $1.65 trillion, showing just how big a role it now plays in the global economy.
As Trump and Bukele sit down for their high-profile meeting, both the political and crypto worlds will be watching closely. This could be a key moment for U.S.–Latin American relations—and for the future of Bitcoin.
What happens when two bold leaders with a soft spot for Bitcoin sit down at the same table? The markets—and the world—are about to find out.
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