Bitcoin to Reach $500,000 ? How the Bukele-Trump Meeting Could Change Everything
Nayib Bukele and Donald Trump meet at the White House to forge an alliance on security and Bitcoin. Will this explosive encounter reshape the crypto landscape? Analysis.
An Alliance That Could Change Everything for Bitcoin
Bitcoin (BTC) is flirting with $86,000 today, driven by a wave of optimism sparked by a historic meeting at the White House between the U.S. President Donald Trump and his Salvadoran counterpart Nayib Bukele.
Announced in early April, this meeting, which combines security cooperation and common interest in cryptocurrencies, fuels speculation about a possible BTC revaluation.
A key driver of the current enthusiasm is the deepening cooperation between the United States and El Salvador on security and immigration issues. Bukele, known for his tough stance against crime, has strengthened his partnership with the Trump administration by accommodating expelled members of the Mara Salvatrucha (MS-13) and Barrio 18 gangs in the Cecot mega-prison. This facility, capable of housing 40,000 inmates, symbolizes the determination of both leaders to combat transnational criminal networks.
This collaboration, praised by Secretary of State Marco Rubio during his visit to San Salvador in February, reduces geopolitical uncertainties in the region. Investors, reassured by this stability, are turning to assets like Bitcoin, seen as a safe haven in a climate of renewed trust.
But beyond security, Bitcoin is at the center of speculation. In 2021, Bukele made El Salvador the first country to adopt BTC as legal tender, accumulating over 6,100 BTC, approximately $504 million. Trump, after criticizing cryptos in the past, made a 180-degree turn by creating a Bitcoin strategic reserve for the United States, valued at $17 billion.
This convergence of interests fuels the idea of unprecedented economic cooperation. Bukele, optimistic, stated in January that Trump’s pro-crypto approach could lead to an “exponential revaluation” of BTC. Traders, anticipating concrete announcements—such as joint blockchain projects or regulatory clarification—push the price up.
What to Expect from This Meeting and Its Impact on BTC
This meeting reflects a diplomatic rapprochement between the two countries, despite the recent imposition by the Trump administration of 10% tariffs on Salvadoran products, as on those of many other U.S. trading partners.
For Bukele, who has consolidated his power in El Salvador with sometimes controversial but effective methods against crime, this invitation to the White House represents significant international recognition. It strengthens his regional leadership status and validates his security approach.
For Trump, this alliance with El Salvador is part of his broader immigration management strategy at the southern border, seeking partnerships with migrant-origin countries.
This meeting is closely monitored by the approximately 750,000 Salvadorans living in the U.S., many of whom regularly send money to their relatives in El Salvador. These remittances are a significant part of the Salvadoran economy.
The adoption of Bitcoin by El Salvador was aimed at facilitating these money transfers by reducing fees associated with traditional methods. Enhanced cooperation between the two countries in the field of cryptocurrencies could have positive ramifications for both nations.
Following this meeting, the two presidents are expected to issue a joint statement detailing the agreements reached and the prospects for future cooperation between the U.S. and El Salvador.
In the short term, Bitcoin benefits from an explosive mix: a Trump-Bukele alliance, strong technical signals, and a favorable macroeconomic environment. A post-meeting joint statement, expected today, could clarify agreements on BTC, propelling the price towards $90,000. However, any setback—such as a failure to meet crypto expectations—could trigger a more severe correction.
Charles Ledoux is a Bitcoin and blockchain technology specialist. A graduate of the Crypto Academy, he has been a Bitcoin miner for over a year. He has written numerous masterclasses to educate newcomers to the industry and has authored over 2,000 articles on cryptocurrency. Now, he aims to share his passion for crypto through his articles for InvestX.
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