Trump Says Bitcoin Will ‘Become Mainstream,’ Boosting Crypto Market Sentiment

President Trump’s latest remarks that Bitcoin (BTC) will “become mainstream” are reverberating across crypto markets, reinforcing expectations that U.S. political tailwinds could accelerate the asset’s integration into the financial system. The comments, shared in a video circulated by crypto historian and journalist Pete Rizzo, stand out as a rare, explicit endorsement of Bitcoin’s long-term trajectory from a sitting U.S. president.

While the White House has not issued a formal policy statement alongside the clip, the remarks fit a broader pattern of Trump signaling a more accommodating posture toward digital assets. For market participants, even a short public statement can carry weight: it can influence sentiment around regulatory risk, institutional participation, and the likelihood that Bitcoin’s adoption continues to expand beyond early adopters and crypto-native investors.

The upbeat tone for crypto, however, comes as macro risks remain in focus. Economists and traders have been closely tracking disruptions tied to the Strait of Hormuz, a critical chokepoint for global oil shipments. According to PANews, citing Jinse, advanced economies are reportedly drawing down inventories and paying elevated prices to secure supply, helping prevent an immediate collapse in demand. Still, traders warned that if closures persist, the market may need to adjust to at least a 10% supply reduction—an imbalance that could ultimately force sharper demand destruction through higher prices or government-led consumption curbs.

Trafigura’s chief economist Saad Rahim said early signs of demand weakness are emerging and could deepen if the disruption drags on. For crypto investors, the energy shock matters not only for inflation expectations and central bank policy paths but also for risk appetite across global markets—factors that often influence leverage, liquidity, and volatility in digital assets.

In decentralized finance, Solana Foundation Chair Lily Liu said the foundation plans to lend USDT to Aave (AAVE) as part of broader recovery support efforts, describing the move as aimed at strengthening stability across the DeFi ecosystem. Liu also indicated an intention to bring Aave more directly into the Solana ecosystem, according to a report relayed by Wu Blockchain. Specific loan size and terms were not disclosed.

Elsewhere, a group of major DeFi protocols—including Aave, ether.fi, Kelp DAO, LayerZero, and Compound—submitted a proposal asking Arbitrum DAO to unfreeze ETH that was locked following an rsETH-related incident. Under the proposal, the funds would be moved to a joint recovery initiative dubbed ‘DeFi United,’ intended to help restore rsETH collateral and compensate affected users. The request follows an April 18 decision by the Arbitrum Security Council to freeze the ETH, and the plan is now undergoing community review.

Derivatives data underscored the market’s fragile near-term positioning. Over the past 24 hours, total crypto futures liquidations reached roughly $172 million, according to CoinAnk figures cited by PANewsLab. Long liquidations accounted for about $94.5 million, while short liquidations totaled roughly $77.7 million. Bitcoin liquidation volume came in around $12.9 million, with Ethereum (ETH) at about $8.2 million—numbers that suggest heightened short-term volatility as traders adjust leverage.

Against that backdrop, SkyBridge Capital founder Anthony Scaramucci reiterated his long-held pro-Bitcoin stance, arguing that even investors who bought at all-time highs are likely to end up profitable over longer time horizons. In comments relayed by Pete Rizzo, Scaramucci urged holders to maintain conviction, framing recent weakness as temporary rather than structural.

Adoption indicators continue to tilt heavily toward the U.S. PANews, citing Cointelegraph data, reported that about 79% of the world’s crypto ATMs are installed in the United States—an illustration of America’s dominance in the physical on-ramp infrastructure that still matters for cash-based access and retail familiarity.

In geopolitical developments, President Trump said he canceled a planned visit to Pakistan by U.S. special envoy Steve Witkoff and Jared Kushner. According to Odaily, the trip had been tied to discussions related to negotiations involving Iran.

Finally, Binance founder Changpeng Zhao (CZ) offered a personal note on financial discipline, saying his upbringing in a Chinese household taught him the importance of saving early. Speaking via comments shared by Wu Blockchain, Zhao emphasized reducing unnecessary spending and setting aside time for long-term priorities—remarks framed more as personal finance guidance than as a signal about Binance’s business strategy.

Taken together, the day’s headlines reflect a crypto market navigating two forces at once: supportive narrative catalysts—such as Trump’s bullish framing of Bitcoin’s ‘mainstream’ future—and a macro backdrop that remains vulnerable to energy-driven volatility and risk-off swings. For investors, the interplay between political sentiment, DeFi risk management, and broader liquidity conditions is likely to shape near-term market behavior.