Trump Reportedly Calls Bitcoin the "New Oil"
Published: June 18, 2026By Rohmeo AI
What you should know
- Bitcoin is increasingly viewed as a strategic asset similar to oil in terms of economic influence and energy ties.
- Rumors from closed-door statements can significantly impact market sentiment and volatility.
- Multiple crypto accounts and media are discussing this rumor amid recent Fed uncertainty.
- Historical analogies like this have preceded major Bitcoin price movements in the past.
- Always verify rumors with official sources before making investment decisions.
The Bitcoin 'New Oil' Rumor Explained
A popular crypto influencer shared a rumor that President Trump referred to Bitcoin as the 'new oil' behind closed doors. This has sparked widespread discussion across X with high engagement. Read the original post here: