Trump Boasts U.S. Crypto Dominance Over China as $TRUMP Token Sparks Controversy**
Former President Donald Trump has declared that the U.S. is **"leading China in crypto"**—a claim that comes amid scrutiny over his family’s ties to the **$TRUMP memecoin**. According to *The New York Times* (May 13, 2025), proceeds from the token directly benefit the Trump family, raising ethical concerns.
Adding to the controversy, a **financially struggling firm with Chinese links** announced a **$300 million investment** into both $TRUMP and Bitcoin, fueling speculation about **market manipulation** and artificial price inflation for a token with little real-world use.
Meanwhile, the **escalating U.S.-China tariff war** (*Reuters, May 14, 2025*) is sending ripples through crypto markets. Some experts suggest it could **accelerate Bitcoin mining decentralization**, though China still commands a **massive share of the global hashrate** (*CCN, April 2025*).
