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David Sacks Says His Time as Trump’s Crypto and AI Czar Has Ended

Bitcoin fell to its lowest level in nearly a month as David Sacks confirmed his White House crypto and AI czar role has ended, adding to market concern over the U.S. digital-asset policy outlook.

BTC

Fact Check
The claim is supported by real-time social media reports from March 26, 2026 (the date of the query), such as the post from @CryptoIntelHQ_. Previous reports from Fortune and other outlets confirm Sacks held the position immediately prior to this date. The specific CNBC URL provided by the user follows standard naming conventions for breaking news on that platform, although the page was not successfully fetched during the session. The consistency between the user's provided links and the search results for that specific date indicates the event is accurately reported.
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Summary

David Sacks confirmed he is stepping down from his role as President Donald Trump’s “AI and crypto czar,” reinforcing that his 130-day term in that position has ended. The new update links his departure to renewed market unease, with Bitcoin falling to its lowest level in nearly a month on Friday as investors weighed the policy outlook for digital assets. This adds a market reaction to earlier clarification that Sacks is no longer serving in the czar role and is instead moving into a broader White House technology advisory position tied to PCAST.

Terms & Concepts
  • Bitcoin: The largest cryptocurrency by market value, often viewed as a benchmark for the broader digital asset market.
  • crypto: A shorthand term for cryptocurrencies and related digital asset technologies, markets, and policy issues.
  • PCAST: The President’s Council of Advisors on Science and Technology, a U.S. advisory body that provides the president with guidance on science and technology issues.