Trump Says Government Shouldn't Be Selling Bitcoin: 'Crypto Is Like AI, If We Don't Build It, China Will'
Portfolio Pulse from Aniket Verma
Former President Donald Trump expressed his support for cryptocurrencies, stating that the U.S. government should not be selling Bitcoin. He emphasized the importance of building cryptocurrency infrastructure to avoid falling behind countries like China. Trump's comments come after the U.S. Department of Justice moved $2 billion in Bitcoins from its cold wallet, raising questions about the government's intentions.

August 06, 2024 | 1:59 am
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Former President Donald Trump stated that the U.S. government should not be selling Bitcoin and should focus on building cryptocurrency infrastructure. This could influence public sentiment and potentially impact Bitcoin's price.
Trump's comments could positively influence public sentiment towards Bitcoin, potentially leading to a short-term price increase. His emphasis on building cryptocurrency infrastructure may also encourage more investment in Bitcoin.
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