Golden statue of Trump holding bitcoin appeared outside US Capitol
September 19, 2025
According to local news, the temporary installation was independently funded by a group of cryptocurrency investors.
Image courtesy of X account CryptosR_Us
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On Sept. 18, 2025, a 12-foot golden statue of U.S. President Donald Trump holding a bitcoin was unveiled outside the Capitol building in Washington, D.C.
On Sept. 17, 2025, visitors to the U.S. Capitol in Washington, D.C., reportedly noticed a new sight — a large golden statue of President Donald Trump holding a physical representation of the bitcoin cryptocurrency. The statue allegedly appeared the same day the Federal Reserve announced it would cut interest rates by a quarter of a percentage point.
News of the statue quickly spread on social media. One post compared the statue to a golden calf, the false idol found in the Bible’s Book of Exodus. Snopes readers searched the site and sent emails asking about the statue.
The statue was real, and was documented by several reliable news organizations, including CNN.
However, according to reporting from Washington’s ABC affiliate station WJLA, the statue was a temporary installation, and Trump’s administration did not play a role in its creation.
Instead, it was funded by an independent group of cryptocurrency investors. Hichem Zaghdoudi, a representative of the group, told WJLA it was “designed to ignite conversation about the future of government-issued currency and is a symbol of the intersection between modern politics and financial innovation.”
Trump has treated cryptocurrencies more favorably than past presidents, and even launched a cryptocurrency just three days before retaking office in January 2025, an act critics described as a conflict of interest. The administration has denied that allegation.
Sources
FORWARDING: Merkley, Warren: Trump-Linked Crypto Deal Is a “Staggering” Conflict of Interest | United States Committee on Banking, Housing, and Urban Affairs. https://www.banking.senate.gov/newsroom/minority/forwarding-merkley-warren-trump-linked-crypto-deal-is-a-staggering-conflict-of-interest. Accessed 19 Sep. 2025.
Fowler, Stephen. “White House Denies Conflicts of Interest as Trump Joins Dinner for Meme Coin Investors.” NPR, 22 May 2025. Politics. NPR, https://www.npr.org/2025/05/22/nx-s1-5407411/white-house-denies-conflicts-of-interest-as-trump-joins-dinner-for-meme-coin-investors.
Leeson, Louis. Trump Statue Holding Bitcoin Appears in US Capitol | CNN Politics. https://www.cnn.com/2025/09/18/politics/video/trump-statue-bitcoin-gold-vrtc-ldn-digvid. Accessed 19 Sep. 2025.
read, Brian Farrell 1 min. “Golden Trump Statue Holding Bitcoin Placed Outside US Capitol.” Yahoo Finance, 18 Sep. 2025, https://www.dcnewsnow.com/news/local-news/washington-dc/golden-trump-statue-holding-bitcoin-placed-outside-us-capitol/.
Reinstein, Julia. “Oh Good, a Huge Trump Statue Went Up in D.C.” The Cut, 18 Sep. 2025, https://www.thecut.com/article/trump-statue-capitol-washington-dc.html.
Stone, Peter. “‘Roadmap for Corruption’: Trump Dive into Cryptocurrency Raises Ethics Alarm.” The Guardian, 25 May 2025. US News. The Guardian, https://www.theguardian.com/us-news/2025/may/25/trump-crypto-corruption-ethics.
“Strengthening American Leadership in Digital Financial Technology.” The White House, https://www.whitehouse.gov/crypto/. Accessed 19 Sep. 2025.
Taylor, DeAnthony. “Giant Trump Statue Holding Bitcoin Displayed Outside US Capitol to Mark Fed Rate Decision.” WJLA, 17 Sep. 2025, https://wjla.com/news/local/washington-dc-president-donald-trump-bitcoin-statue-federal-reserve-interest-rate-cut-decision-us-capitol-building-cryptocurrency-wall-street-financial-markets-digital.
Wilson, Tom, et al. “Exclusive: Trump’s Meme Coin Made Nearly $100 Million in Trading Fees, as Small Traders Lost Money.” Reuters, 3 Feb. 2025. Currencies. www.reuters.com, https://www.reuters.com/markets/currencies/trumps-meme-coin-made-nearly-100-million-trading-fees-small-traders-lost-money-2025-02-03/.
Young, Lauren, and Lauren Young. “What the Fed’s Rate Cut Means for Your Money.” Reuters, 19 Sep. 2025. U.S. Markets. www.reuters.com, https://www.reuters.com/markets/us/what-feds-rate-cut-means-your-money-2025-09-19/.
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