Bitcoin (CRYPTO:BTCUSD) traded at $63,092.94, up 0.89% on the day, as President Donald Trump reignited debate over how the largest cryptocurrency should be taxed. Speaking to reporters at Joint Base Andrews before boarding Air Force One, Trump questioned why everyday Bitcoin purchases should trigger capital gains taxes at all.
Price 63092.94 Day change +553.94 (+0.89%) Volume 6,830
What Trump Actually Said
Trump used a simple example to make his point: buying a cup of coffee with Bitcoin. He told reporters that a friend had raised the idea that if Bitcoin functions as money rather than as an investment, then spending it should not create a taxable event. Trump said he agreed with that reasoning. It is not a formal policy proposal, but coming from a sitting president, the comment carries weight in Washington circles where digital asset tax reform has been debated for years without resolution.
The Broader Pro Crypto Message
Trump did not stop at taxation. He called crypto