TLDR
- A 12-foot golden Trump statue holding Bitcoin was placed outside the US Capitol by crypto investors Wednesday
- The installation was timed with the Federal Reserve’s 25 basis point interest rate cut announcement
- Organizers used the stunt to promote a memecoin on Pump.fun through livestreams
- The foam statue displayed from 9 AM to 4 PM on the National Mall near Capitol Hill
- Group members said it honors Trump’s cryptocurrency support and advocacy
Cryptocurrency investors installed a massive golden statue of President Donald Trump holding Bitcoin outside the US Capitol on Wednesday. The 12-foot monument appeared on the National Mall, strategically timed with the Federal Reserve’s interest rate decision.
The temporary installation remained on 3rd Street from 9 AM to 4 PM. The Fed announced a 25 basis point rate cut, reducing rates to approximately 4.1% from 4.3%.
Organizer Hichem Zaghdoudi told reporters the statue was “designed to ignite conversation about the future of government-issued currency.” He described it as representing “the intersection between modern politics and financial innovation.”
The statue was constructed from lightweight foam to make transportation manageable. Anonymous organizers documented the creation process on social media, showing machine carving and multiple people positioning the monument.
Pump.fun Livestream Promotes New Memecoin
The installation served as part of a Pump.fun livestream campaign promoting a new Trump-themed memecoin. Organizers created multiple streams to boost the token while documenting the statue placement.
During Tuesday’s livestream, one organizer revealed construction details about the foam statue. The group hoped Trump would see the installation, though the president was visiting the UK at the time.
“This is a statement, this is to show everybody that without the president, we could never have had this mass adoption of Bitcoin, of cryptocurrencies,” Zaghdoudi explained to DC News Now.
The organizer emphasized the statue represents gratitude for Trump’s crypto advocacy. “It shows that’s the future and this is our thank you, our statement, to the president,” he added.
Federal Reserve Rate Cut Timing
The statue unveiling coincided perfectly with the Fed’s monetary policy announcement. Lower interest rates typically benefit risky assets like cryptocurrency by reducing borrowing costs.
Trump has publicly supported digital currencies throughout his presidency and campaign. The crypto industry provided substantial financial backing during his election run.
The Federal Reserve also announced plans for two additional rate cuts this year. Only one cut is expected in 2026, potentially disappointing Wall Street expectations.
Third Trump Monument This Year
This golden statue marks the third Trump-related installation on the National Mall in 2025. Previous monuments were protest pieces, making this the first supportive display.
In June, an eight-foot “Dictator Approved” statue appeared, featuring a golden hand crushing the Statue of Liberty’s crown. Another installation that month showed controversial footage on a gold television.
The crypto community’s monument stands out for its positive message toward the president. Bitcoin has been in a bull market since late 2023, driven partly by spot ETF approvals and institutional adoption.
The statue remained visible to Capitol visitors throughout the afternoon before removal at 4 PM.
